Bitcoin (BTC) Prices Hold Steady Over $52K, Traders Target $55K in Short-Term

“Bitcoin is nearing its peak and will likely be pushing for $55,000 in the coming weeks,” Ed Hindi, Chief Investment Officer at Tyr Capital, told CoinDesk in an email. “In 2024, we expect bitcoin to rally to its all-time highs, reaching the $70,000 mark early this year.”