Institution: Bitcoin's pullback may only be temporary
ChainCatcher news, UK research firm Zaye Capital Markets stated that Bitcoin has pulled back from the historic high set on Tuesday, but this pullback may be temporary. Zaye's Chief Investment Officer Naeem Aslam mentioned in a report that this correction could be seen as a "highly bullish" signal for Bitcoin, as many investors may take this opportunity to buy Bitcoin."The $100,000 price target is highly anticipated, and we do believe that the price could reach this level before the inauguration day of (U.S. President-elect Trump)." The expectation of a more crypto-friendly policy from the Trump administration has recently boosted Bitcoin and other cryptocurrencies.