Analyst: Bitcoin will soon reach 150,000 US dollars

According to data from the London Stock Exchange Group, Bitcoin fell in light holiday trading after failing to maintain its recent rise above $100,000. The recent rise of Bitcoin was driven by the prospect of a more friendly cryptocurrency policy under US President-elect Trump. Although the upward momentum of Bitcoin has stalled, its value has more than doubled so far this year and some analysts predict it will soon reach $150,000.