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Bitcoin stays range-bound as gold eyes $12K–$23K long-term target

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 69 Views

Bitcoin stays range-bound as gold eyes $12K–$23K long-term target

Bitcoin slipped below $90,000 while gold approached fresh highs, fueling long-term forecasts of up to $23,000 per ounce.

Bitcoin (BTC) stayed trapped below $90,000 at Friday’s Wall Street open as gold and silver approached historic milestones.

Key points:

Bitcoin fails to shift its sideways trading behavior while gold comes within 2% of $5,000 per ounce.

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