According to BitcoinWorld, VALR CEO Farzam Ehsani has made a bold Bitcoin price prediction, suggesting the digital asset could reach $130,000 following the US Senate's 60-40 vote to end the government shutdown. Ehsani attributes this potential surge to increased market confidence and the removal of political uncertainty, citing technical indicators and historical bull cycle patterns. He notes that Bitcoin must first reclaim the $110,000 level before the $130,000 target becomes viable. The House of Representatives is set to vote on the resolution, which could serve as a final catalyst for market movement.
VALR CEO Predicts Bitcoin Could Reach $130K After US Government Shutdown Ends
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