Thielen says Wall Street has ended Bitcoin’s wild rallies
In short
Markus Thielen said Bitcoin could hit $90,000 by the end of the year.
He also said Wall Street has made Bitcoin’s big rallies less wild. The reporting does not say what new data led him to that view.
What the reporting says
Markus Thielen said Bitcoin could reach $90,000 by year-end and argued that Wall Street has reduced its wild price rallies. The publisher summary also says he questioned institutional ETF demand and said Ethereum must do more for holders, but it does not provide the basis for his view or any new market data. The immediate relevance is to crypto investors watching Bitcoin and Ethereum price expectations, while the actual drivers remain unclear.
Why it matters
Markus Thielen’s comments focus on Bitcoin’s outlook, with a year-end target of $90,000 and concern about institutional ETF demand. He also said Ethereum needs to do more for holders. The report does not give fresh market figures or explain the evidence behind his view, so the impact is mainly on investor sentiment around crypto prices.