From Investing.com

July 30, 2024 3:00:23 pm:

Former hedge fund manager James Lavish predicts that Bitcoin’s value could reach $428,000 if it makes up 1% of the global investment market, representing a 548% increase from the current price of $67,000. Despite encountering resistance at $70,000, Bitcoin dropped to $66,000, reflecting a 5.6% decline. Large financial institutions like BlackRock and Franklin Templeton are increasingly participating in Bitcoin ETFs, fueling potential value increases. However, significant growth will take time and patience based on historical crypto market trends.

Read more at Investing.com: Bitcoin to $428,000? James Lavish Says 1% Is Key By U.Today