Bitcoin Charges into Q3 with Record Potential, But Economic Data May Spoil the Party
Bitcoin is heading into its best third quarter in nine years, but market observers are cautioning that economic data releases could send prices plummeting. Eight artificial intelligence models predict that Bitcoin's price will reach between $95,000 and $115,000 by 2026.
The current strategy has control of just 4% of the total supply of Bitcoin, which may not be enough to drive significant price movements.
Meanwhile, a recent hack on BitGat forced it to suspend Bitcoin withdrawals for four days before resuming them.