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13 May 2021

Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target – Markets and Prices Bitcoin News

Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target – Markets and Prices Bitcoin News


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Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target – Markets and Prices Bitcoin News.

Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.” Moreover, Fundstrat believes that the price of ethereum will reach a $10k target, while the entire crypto-economy is “on pace to hit $5 trillion.”.

Fundstrat’s digital asset strategist, David Grider explains in the company’s weekly briefing covering digital assets that bitcoin (BTC) has rebounded after a “healthy cooling-off period last week.”.

The digital asset strategist said the company said it had predicted a rush of corporates entering the crypto space back in January and Fundstrat claims this has come to fruition for the most part.

After the report discussed bitcoin (BTC) and corporates entering the crypto industry, Fundstrat’s Grider detailed that the firm maintains a price target of $10.5k per ether, and mentioned the crypto asset “continues to outperform BTC.” Ethereum’s digital economy gives Fundstrat executives a bullish outlook and the report notes “large amounts of development happening” on the ETH network.

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