• 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

Internet Computer Introduces Enhanced Privacy and Security Features

chest

The Internet Computer has introduced new privacy features, including vetKeys and improved user authentication methods.

user avatarKenji Takahashi

WLFI Develops Retail Application Combining Web2 and Web3 Features

chest

WLFI is developing a retail application that combines Web2 and Web3 features, facilitating peer-to-peer payments and trading, with a launch anticipated in 2025-2026.

user avatarElias Mukuru

CEA Industries' Stock Plummets Nearly 89% Since Rebranding

chest

CEA Industries' stock has plummeted nearly 89% since its rebranding in July, raising concerns about leadership and strategy.

user avatarDiego Alvarez

YZi Labs Pursues Authority Over CEA Industries Due to Leadership Issues.

chest

YZi Labs is seeking to gain control of CEA Industries by reversing bylaw changes and expanding the board, following concerns over leadership and operational delays.

user avatarMaria Fernandez

Sony's Stablecoin to Enhance Transactions Across Its Ecosystem

chest

Sony Group plans to integrate its upcoming USD-pegged stablecoin into its broader entertainment and technology ecosystem to facilitate transactions for PlayStation games, mobile titles, and anime content.

user avatarGustavo Mendoza

PI Token Shows Indications of Structural Improvement Despite Market Pressure.

chest

PI Networks' PI token is showing early signs of structural improvement amid market pressure, with a bullish reversal pattern forming and potential for recovery.

user avatarRajesh Kumar

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.