Bitcoin could reach $150K by 2027 despite fragile recovery, Moon Pursuit founder says
Photo: Crypto Briefing
Moon Pursuit Capital's Utkarsh Ahuja says Bitcoin needs sustained spot demand and ETF inflows to confirm a recovery as renewed selling and strong US jobs data pressure markets. Bitcoin ’s rebound following the US midterm elections remains a fragile relief rally rather than a confirmed recovery, according to Utkarsh Ahuja, founder and managing partner at Moon Pursuit Capital, who sees a potential path toward $150,000 by the end of 2027. In a written interview with Crypto Briefing, Ahuja said Wednesday’s rally reflected relief buying, short covering and improved sentiment after the election removed some political uncertainty.
Source: Crypto Briefing
