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Bitcoin Reaches Record at $123,000: Analysts Discuss Future Prospects

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by Giorgi Kostiuk

6 hours ago


Bitcoin reached a new all-time high at $123,000, but the price has since retreated to $116,000. Despite this, experts remain optimistic about future growth.

Sales and Buys: How the Market is Changing

Recent data show that Bitcoin made headlines again, reaching a new record of $123,000. However, within 24 hours, the price fell by 4% to $116,000, sparking discussions about a potential correction. Although the rally has slowed, many investors view this as a temporary pause in the overall upward trend.

Expert Tips for New Investors

Renowned investor and author Robert Kiyosaki highlighted that the new upward movement of Bitcoin may provide opportunities for those who previously missed out. He advises starting with small investments and practicing patience. According to him, there is always a chance for new investors, and he does not think it's too late to start buying Bitcoin.

If you have not begun acquiring Bitcoin….I suggest starting very small….starting with a Satoshi. Remember Warren Buffett is out of stocks and sitting on $350 billion in cash. I suspect he is waiting for the world to crash…. Then he will move back in and buy the best assets with cash. Time to get smarter and best time to get rich….if you are smart, patient, studying….and aware.Robert Kiyosaki

Institutional Investors Bet on Bitcoin

Despite the recent price fluctuations, the sentiment among major players in the market remains positive. Analysts at Bernstein predict Bitcoin will reach $200,000 by 2026. This is driven by increased institutional interest and demand from both retail and professional investors.

In conclusion, while Bitcoin faces short-term fluctuations, long-term forecasts remain optimistic. Investors are encouraged to stay informed and patient in anticipation of market movements.

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