Is bitcoin price stalling at $100,000? ETF experts debate next crypto trades – NBC Los Angeles
- The price of bitcoin remains above $100,000 but has been described as “range-bound” in recent trading.
- Some experts have forecast a price rising as high as $150,000 to $200,000, but for now, some other aspects of the crypto trade are getting attention, such as staking.
After topping $111,000 in May, bitcoin has not been able to break out significantly above the $100,000 range.
Some investors may simply be cashing in their chips, according to Tom Lee, managing partner and head of research at Fundstrat Global Advisors, with investors who bought into the coin during much earlier stages of its history now sitting on huge gains.
“We have clients that have bought bitcoin at $100,” Lee said on a recent edition of…
