Bitcoin (CRYPTO: BTC) analysts are split three ways, with targets ranging from $100,000 by year-end to just 30% odds of breaking resistance.

21Shares: $100,000 By Year-End If Conditions Align

21Shares CIO Adrian Fritz pointed to spot Bitcoin ETFs absorbing nearly $2 billion year-to-date as evidence of renewed institutional confidence. 

Demand is coming from a mix of retail investors, institutions, and hedge funds using arbitrage and options strategies.

“Bitcoin now rivals mega-cap equities like Nvidia, with daily trading volumes exceeding $50 billion,” Fritz told CoinDesk’s Public Keys. 

“ETF structures provide both primary and secondary market liquidity, making the asset…

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