Coinbase Analyst Sees Bitcoin Upside
Coinbase Analyst Forecasts Bitcoin Growth
Coinbase Head of Institutional Research, David Duong, recently shared his positive outlook on Bitcoin and the broader crypto market during the "Markets Daily" podcast. He anticipates "continued upside" for Bitcoin, citing several key factors.
Key Factors Influencing Duong's Positive Outlook:
- Spot Bitcoin ETF anticipation: Duong discussed the ongoing pressure surrounding GBTC and the potential impact of approving spot Bitcoin ETFs.
- Bitcoin Halving: The upcoming halving event and its potential effects on Bitcoin's price were also analyzed.
- Ether ETF prospects: The likelihood of a spot Ether ETF approval this summer was considered.
Duong's insights were presented alongside Jennifer Sanasie on the "Markets Daily" podcast. For daily updates, subscribe here.
About the Podcast:
The "Markets Daily" podcast covers the latest price movements and insights in the crypto market. It features discussions with leading experts such as David Duong.
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