For second quarter estimates, the broker forecasts BTC to average approximately $32,522, which is based on an average quarter-to-date price of $33,805 and assumes a $22,000 price for the rest of the quarter. For the third quarter and fourth quarter, B. Riley forecasts BTC to average $25,000 and $30,000, respectively. For 2023 and 2024, it is estimating an average bitcoin price of $34,000 and $45,000, respectively.
Source: https://www.coindesk.com/business/2022/06/23/marathon-digital-cut-to-neutral-at-b-riley-on-bitcoin-price-declines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines