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Analysts Predict Bitcoin's Growth to $150,000

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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.

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