• 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

Unverified Claims Surround Ralph Sosa's Goblin Story Release

chest

Reports about Ralph Sosa releasing a Goblin story for Lunar New Year lack verification and credible sources.

user avatarMaria Gutierrez

Emergence of Proof of Presence Protocols in the Global Economy

chest

A new standard for value is emerging through the integration of Augmented Reality and physical engagement, shifting the global economy towards Proof of Presence.

user avatarDavid Robinson

Introduction of Bitcoin Everlight to the Ecosystem

chest

Bitcoin Everlight is introduced as a lightweight transaction routing layer that enhances Bitcoin's transaction capabilities without altering its core protocol.

user avatarArif Mukhtar

Looking Ahead: Future Plans for NSDQ ETF COIN

chest

Kaloyan Iliev outlines future goals for NSDQ ETF COIN, including public trading launch, compliant exchange listings, and a peer-to-peer exchange feature to enhance investment options.

user avatarAndrew Smith

Cyprus Emerges as a Web3 Hub After Banking Crisis

chest

Cyprus has transformed into a preferred hub for Web3 startups and cryptocurrency businesses, developing a regulatory framework that attracts teams seeking stability.

user avatarSon Min-ho

Cyprus Banking Crisis Sparks Cryptocurrency Adoption

chest

In March 2013, Cyprus faced a severe banking crisis that led to the shutdown of banks and frozen accounts, causing a complete loss of trust in traditional banking systems. This crisis forced citizens to seek alternatives, leading to a significant shift towards cryptocurrency as a reliable means of financial control.

user avatarAyman Ben Youssef

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.