Bitcoin Outlook: Sideways Now, Long-Term Bullish as Macro Forces Build

Bitcoins near-term price action is likely to test investors patience, but the long-term outlook remains firmly bullish, according to Bitwise CIO Matt Hougan. He expects Bitcoin to trade in a broad sideways range between $75,000 and $100,000 during the first half of the year, citing heavy selling pressure near the $100,000 level.

Source: tokenpost.com

Related symbols: BTCUSD