Investment bank H.C. Wainwright & Co. believes Bitcoin’s (CRYPTO: BTC) correction could soon run its course, suggesting that the leading cryptocurrency may establish a solid floor around the $65,000 mark within the next few weeks.
What Happened: Despite near-term turbulence triggered by global tariff tensions, analysts at the firm are maintaining their long-term bullish stance with an unchanged year-end 2025 price target of $225,000.
In its latest industry update, the firm highlighted that Bitcoin’s current decline, roughly 30% from its January 2025 all-time high of $109,358, is not unprecedented.
Drawing from patterns observed in previous market cycles, analysts note that Bitcoin has …Full story available on Benzinga.com
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