🟢Leading analyst at the Australian cryptocurrency exchange Swyftx, Pav Gundal, predicts that Bitcoin will rise to $80,000 by December 24. However, he doubts the price will reach $100,000 by the end of the quarter.
🟢The analyst points out that Bitcoin is likely to set a new all-time high, reaching $75,000–$80,000—an 8.4% increase over the current record of $73,794 set in March 2024. At the same time, options traders exhibit a more optimistic outlook, closing contracts to purchase BTC at prices between $90,000 and $110,000. This indicates predictions of at least a 41% price increase from the current level of $63,782, supported by a rise in open positions for Bitcoin acquisitions since late July.