• 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

Kraken Expands Services in Colombia with Local Payment Options

chest

Kraken has introduced local payment options in Colombia, allowing users to convert Colombian pesos into USD.

user avatarLuis Flores

Significant Bitcoin Transfer Draws Trader Attention

chest

A major transaction involving the transfer of 1,999 BTC, valued at over $182 million, from Binance to an unknown wallet has sparked significant interest among traders.

user avatarMiguel Rodriguez

BlackRock's iShares BTC Trust Faces Major Outflows

chest

BlackRock's iShares BTC Trust has reported its longest weekly period of outflows since its launch in January 2024, with over $2.7 billion leaving the fund.

user avatarArif Mukhtar

ICN Achieves Regulatory Compliance with EU MiCA

chest

ICN confirms compliance with EU MiCA regulations, classifying its token ICNT as a Utility Token, ensuring transparency and trust.

user avatarGustavo Mendoza

Spectra Launches Yield Trading Platform on Flare

chest

Spectra, a pioneering yield trading platform, is now live on Flare, allowing users to manage yield from interest-bearing assets.

user avatarJacob Williams

Spectra's Innovative Token Structure Explained

chest

At the core of Spectra's protocol is the splitting of yield-bearing tokens into Principal Tokens (PTs) and Yield Tokens (YTs). PTs represent the principal value of the underlying asset, allowing users to lock in a predictable, fixed return, while YTs represent the right to future yield, which can be traded independently.

user avatarMaria Gutierrez

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.