Tyr Capital CEO: BTC is expected to hit $120,000 in the next few months
According to Mars Finance news, Bitcoin has long been considered a possible hedge against geopolitical events. Edouard Hindi, chief investment officer of Tyr Capital, said that Bitcoin will still be a viable "doomsday asset" in 2024 because Its correlation with gold has increased recently and investors continue to diversify away from traditional financial assets, with a hit to $120,000 expected in the coming months. (CoinDesk)
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