• 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

a year 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

Massive 222 Million USDT Transfer from OKX Raises Market Speculation

chest

A significant transfer of 222,692,703 USDT from OKX to an unknown wallet has sparked speculation in the cryptocurrency market.

user avatarAisha Farooq

France Proposes Mandatory Reporting for Self-Custodied Crypto Holdings

chest

The French government is considering a bill that would require individuals to report cryptocurrency holdings exceeding 5,000 euros.

user avatarTenzin Dorje

LUNA Prices Surge 40% Following Do Kwon's Sentencing

chest

LUNA prices surged by 40% following the sentencing of Do Kwon, reflecting market reactions and shifting investor sentiment.

user avatarBayarjavkhlan Ganbaatar

Anonymous Solo Miner Strikes Gold with 31 BTC Reward

chest

An anonymous solo miner successfully mined a Bitcoin block, earning a reward of 31 BTC, valued at approximately $280,000, on December 11th.

user avatarMohamed Farouk

Nvidia Faces Increased Competition from Chinese Chipmakers

chest

Nvidia is facing increased competition from local Chinese chipmakers like Kunlunxin as China prioritizes domestic technology.

user avatarArif Mukhtar

YouTube Integrates PayPal's PYUSD Stablecoin for Creator Payments

chest

YouTube has integrated PayPal's PYUSD stablecoin as a payment method for content creators, marking a significant step towards cryptocurrency adoption.

user avatarElias Mukuru

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.