Greeks.live: If ETF funds continue to flow in, Bitcoin can be expected to break through the $100,000 mark within the year

Bitget2024/12/02 03:15

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Researcher Adam from Greeks.live stated that as the Thanksgiving holiday ends, the U.S. market is about to become active again. If ETF funds continue to flow in, it's possible for Bitcoin to break through $100,000 within this year. Key economic data this week include minutes of the Federal Reserve's monetary policy meeting (December 2), ADP employment data (December 4), and non-farm payroll report (December 6).

In terms of options market, implied volatility for major maturities is at a relatively low level; analysts suggest positioning in medium-to-long term options. In spot markets, Ethereum performed well last week with an increase of 10.46%, quoted at $3742 USD, driving a comprehensive rise in altcoin markets.

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