• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analysts Predict Bitcoin's Growth to $150,000

user avatar

by Giorgi Kostiuk

10 months ago


Analysts predict significant Bitcoin price growth in the coming years, with its value potentially reaching $150,000. However, such levels are not expected to be sustainable.

Bitcoin's Potential Peak and Profit Margins

According to Glassnode's lead analyst James Check, Bitcoin's value might reach the $120,000 to $150,000 range, where short-term investors could see a 66% profit and long-term investors might realize 509% gains. He also suggested that levels beyond $150,000 may be economically unsustainable.

The $120,000 to $150,000 range is the topping cloud for BTC, and levels above this range may lack sustainability.James Check

Comparison with Previous Cycle

James compared the current Bitcoin cycle to the 2016-2017 period, noting the absence of the influence of derivatives and stablecoins back then. Bitcoin's prices in early 2017 ranged from $800 to $1,600 before spiking to $19,783 later that year.

Market Predictions and Timelines

Traders such as Bitquant and Braver forecast that Bitcoin could still see significant rallies in the coming years. Mags believes the new all-time high above $109,000 reached on January 20 sets the stage for another peak between July and October 2025, based on historical patterns.

Bitcoin remains one of the most attractive options for long-term investors, despite its volatility and predicted price fluctuations in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pumpfun Enhances Token Value with Major Buyback of PUMP Tokens

chest

Pumpfun has conducted a buyback of over 173.7 million PUMP tokens, significantly impacting the Solana DeFi ecosystem.

user avatarSatoshi Nakamura

SACHI Disrupts Gaming with Instant Rewards

chest

SACHI has launched a revolutionary gaming platform that allows players to earn and redeem rewards within just five minutes of gameplay.

user avatarJesper Sørensen

edgeX Leads Blockchain Fee Rankings in 24H Surge

chest

In the last 24 hours, edgeX has taken the top spot among blockchain networks in terms of fee generation, signaling a strong surge in user activity and network usage.

user avatarRajesh Kumar

Stablecoins Revolutionizing Cross-Border Payments in Africa

chest

Stablecoins are becoming essential for cross-border payments in Africa, providing fast and low-cost transfer options.

user avatarFilippo Romano

Web3 Data Economies Redefining Information Ownership in Africa

chest

Web3 data economies are challenging traditional data platforms by allowing users to tokenize and control their information.

user avatarLucas Weissmann

Web3 Movement Transforming Financial Landscape in Africa

chest

The Web3 movement is reshaping how money is moved and stored in Africa, with new crypto liquidity systems facilitating the buying and selling of digital assets.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.