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BTCC / Hashtag / the next bitcoin stock
#pump token price analysis #bitcoin #buildon coin
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BTC +1.44% 62,598.64 BITCOIN -5.35% 0.01178 CRYPTO +6.02% 0.0008634

Is bitcoin still on track to notch a value of $150,000?

Lee, who has been one of bitcoin's most bullish forecasters in recent years, predicted the crypto was still on track to notch a value of $150,000, implying a 138% upside from its price on Monday. That may come as a surprise for holders of the token, who saw bitcoin slide 7% over the last month, not long after reaching record highs earlier in 2024.

What happened to bitcoin in May?

Bitcoin recently suffered one of its biggest monthly drops on record in May. The price of the digital asset crashed all the way from a mid-April high over $64,000, to $30,000 by late May – dragging many cryptocurrencies and cryptocurrency stocks down with it.

What's going on with cryptocurrency stocks this year?

The volatility in Bitcoin – and by proxy, cryptocurrency stocks – this year has rekindled excitement in retail investors in a way it hasn't since the digital coin last peaked in 2017. Professional investors, billionaires and even publicly traded companies have maintained a keen interest in cryptos, too.

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