Bitcoin could go as high as $150,000, trader says, but there’s a catch – CNBC

mining on the rise as a result of China’s ban and the expansion of the metaverse, the space has several upside catalysts despite its “amazing” volatility, he said.

“As the economy continues to reopen and the numbers start to heat up, at some point we will see the Fed stepping back” from its massive monetary support, reducing liquidity in the markets and potentially stifling crypto performance, Sanchez said.

…Read the full story