Today, we will discuss medium and long-term targets for Bitcoin. What changes are expected by the end of 2024 and 2025?
Predictions for the End of 2024
Recently, analyst Mister Crypto shared a graph showing Bitcoin's market dominance is likely to significantly decrease. He predicts a major event similar to previous downturns will drive parabolic rallies across cryptocurrencies. Mikybull notes Bitcoin's price is beginning to break free from a long-term consolidation phase, potentially reaching $95,000 - $100,000 by year-end.
Predictions for 2025
Bitcoin has never stayed in such a narrow range for so long. Although the expected rise post-halving hasn't started, analyst Daan Crypto Trades predicts significant surges in 2025 due to increased liquidity from interest rate cuts.
Impact on the Cryptocurrency Market
Analysts believe the current market conditions create potential for further growth, presenting both opportunities and risks for investors.
Thus, 2024 and 2025 could become critical milestones for Bitcoin, offering opportunities and challenges that demand attention from all market participants.