Well-known cryptocurrency analysis channel BitBoyCrypto recently made a bullish prediction for Bitcoin, predicting that its price could surge to $140,000. According to BitBoyCrypto analyst AJ, the leading cryptocurrency currently holding a strong position in the market may rise sharply. Furthermore, AJ predicts that Bitcoin will consolidate its share of the crypto market in the coming years. The concept stems from two key factors: Bitcoin's unique status as a non-security digital asset, unlike various altcoins, and its pioneering status in the market have attracted the attention of institutional investors.
AJ said that in the foreseeable future, Bitcoin's dominance in the encryption market will not weaken. However, he did not deny the potential of Ethereum to surpass Bitcoin in terms of long-term market capitalization. However, Bitcoin stands out from most altcoins from a tokenomics perspective.
AJ said that in the foreseeable future, Bitcoin's dominance in the encryption market will not weaken. However, he did not deny the potential of Ethereum to surpass Bitcoin in terms of long-term market capitalization. However, Bitcoin stands out from most altcoins from a tokenomics perspective.