Skepticism Remains Over $200K Year-End Target
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Despite bullish signals, experts caution a $200,000 year-end BTC price is highly ambitious. Attorney and Bitcoin advocate Joe Carlasare notes that BTC is still $80,000 short, with only 90 days (~60 trading sessions) left. Sustaining the required $850 daily gain amid unlocked sellers and volatile markets makes such a surge mathematically unlikely.Seasonal trends and technical charts provide optimism, but practical constraints suggest that traders should remain cautious heading into Q4.
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Honestly, the $200K target feels too optimistic for now. Market sentiment still needs stronger support from institutional inflows.
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Skepticism is fair, but crypto has surprised us before. Let’s see if momentum shifts in Q4.