As we detailed above, given the headwinds faced by both of these metrics over the month of August, we expect them to grow at a modest pace over coming months. As a result, we believe that the Bitcoin will very likely remain below $10,000 for the rest of the year.
I think $10K is a good price for this year. Currently Bitcoin costs about $6500, so BTC can grow up to +40% under favorable circumstances. I guess that if the SEC rejects the Bitcoin ETF this September, the BTC price will fall deeper than $6000. But their forecast will be correct in any case because Bitcoin will remain below $10K.