Bitcoin Price Forecast: $125,000 Target in June? Analyst Insights

Bitfinex analysts are predicting that Bitcoin’s price could reach a significant milestone of $125,000 by the end of June. This prediction is based on several key factors, including the upcoming US non-farm payroll report and increased inflows into Exchange Traded Funds (ETFs). The analysts believe that a weaker-than-expected jobs report on Friday will fuel bullish sentiment for Bitcoin, possibly accelerating the Federal Reserve’s timeline for interest rate cuts. This could create a positive environment for risk assets like BTC. 💰