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CATEGORY: forecasts


Apr 08, 2025 05:50

Expert Analyst Forecasts Bitcoins Price Plummeting to $10,000, According to Bloomberg

According to a recent analysis by a Bloomberg expert, there is speculation that the price of Bitcoin may experience a significant drop back to $10,000. This prediction comes at a time when the cryptocurrency markets are experiencing increased volatility. The analyst suggests that Bitcoin’s recent rally may not be sustainable and could potentially lead to [...]

The post Expert Analyst Forecasts Bitcoin’s Price Plummeting to $10,000, According to Bloomberg appeared first on Crypto Breaking News.

Mar 05, 2024 05:55

Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply

Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era [...]

The post Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply appeared first on Crypto Breaking News.

Mar 03, 2024 05:55

Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a Starting Candle

Veteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin price chart, stating: “My bet is that this is a ‘starting’ candle.” Peter Brandt’s Bitcoin Bull Run [...]

The post Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a Starting Candle appeared first on Crypto Breaking News.

Mar 24, 2024 05:55

Renowned Investor Jim Rogers Expects All Cryptocurrencies to Disappear Says Bitcoin Will Go to Zero Someday

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects all cryptocurrencies, including bitcoin, to disappear someday. Anticipating bitcoin going to “zero,” he stressed: “I’m very skeptical of crypto. I don’t expect it to last … I do not see any long-term value in cryptocurrency.” Jim Rogers Remains Skeptical of [...]

The post Renowned Investor Jim Rogers Expects All Cryptocurrencies to Disappear Says Bitcoin Will Go to Zero Someday appeared first on Crypto Breaking News.

Mar 25, 2024 05:50

JPMorgan: Bitcoin Still Overbought Despite Price Drop

Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist [...]

The post JPMorgan: Bitcoin Still Overbought Despite Price Drop appeared first on Crypto Breaking News.

Mar 19, 2024 05:50

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year

Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment portfolios. Binance CEO Teng’s Bitcoin Price Prediction Binance CEO Richard Teng shared [...]

The post Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year appeared first on Crypto Breaking News.

Mar 15, 2024 06:05

Analysts Now More Convinced of Bitcoin Reaching $150,000 by Mid-2025

Global asset management firm Alliance Bernstein has doubled down on its bitcoin price prediction of $150K by mid-2025. “These are still early days of bitcoin’s integration into traditional asset portfolios,” the firm’s analysts described, adding that they are “now more convinced” about their $150K price forecast for bitcoin. Bernstein’s $150K Bitcoin Prediction Bernstein analysts Gautam [...]

The post Analysts Now More Convinced of Bitcoin Reaching $150,000 by Mid-2025 appeared first on Crypto Breaking News.

Mar 02, 2024 05:50

Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism

This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start of the year and 139% over the previous six months in [...]

The post Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism appeared first on Crypto Breaking News.

Apr 29, 2023 10:30

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority improved its forecast for the Russian economy and now expects growth entirely in positive figures, up to 2.0% for 2023. Bank of [...]

The post No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again appeared first on Crypto Breaking News.

Jan 31, 2023 11:20

Metacade and Decentraland price forecasts, two projects set to soar as crypto gaming explodes | Invezz

Crypto gaming, also known as GameFi, is a constantly expanding sector of blockchain technology. The top projects in the space are known to produce insane returns for early investors. A prime example of this amazing potential for solid returns was when the Decentraland price rose from $0.07 to $5.91 during 2021 alone. The Decentraland price ...

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<p>The post Metacade and Decentraland price forecasts, two projects set to soar as crypto gaming explodes | Invezz first appeared on CCNC.</p>

Sep 09, 2022 11:30

KPMG Outlines Crypto Industry Forecast For The 2nd Half of 2022

For the recognized international auditing firm, many cryptocurrency projects will die, while other nations will adopt Bitcoin (BTC) as legal tender.

Continue reading KPMG Outlines Crypto Industry Forecast For The 2nd Half of 2022 at DailyCoin.com.

Feb 09, 2024 05:50

Bitcoin Price Predicted to Exceed $77,000 This Year: Finder Panel

A panel of experts surveyed by comparison platform Finder has predicted that the price of bitcoin will climb above $77,000 by the end of 2024. Moreover, the majority of the experts believe it’s a good time to buy the cryptocurrency at the current price. Finder’s Experts Share Bitcoin Price Predictions Finder, an independent comparison platform [...]

The post Bitcoin Price Predicted to Exceed $77,000 This Year: Finder Panel appeared first on Crypto Breaking News.

Feb 29, 2024 05:50

Bitcoin Price Could Hit $250,000 Sooner Than Expected, Says Bitwise CEO

The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than people expect.” He opined: “Bitcoin ETFs were bitcoin’s IPO moment. It’s now available to any investor with the [...]

The post Bitcoin Price Could Hit $250,000 Sooner Than Expected, Says Bitwise CEO appeared first on Crypto Breaking News.

Feb 28, 2024 05:50

Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle

Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter Brandt provided an update on his bitcoin price [...]

The post Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle appeared first on Crypto Breaking News.

Feb 22, 2024 05:50

Fundstrats Tom Lee Anticipates Bitcoin Hitting $150K This Year Calls BTC Sound Money

Fundstrat’s head of research, Tom Lee, has doubled down on his $150,000 bitcoin price prediction, stating that the crypto could reach that price level this year. He cited three key reasons driving his bullish price forecast. Describing bitcoin as “sound money,” he emphasized that the cryptocurrency is incredibly secure and proving to be a good [...]

The post Fundstrats Tom Lee Anticipates Bitcoin Hitting $150K This Year Calls BTC Sound Money appeared first on Crypto Breaking News.

Feb 14, 2025 05:50

Coinbase CEO Forecasts Crypto Accounting for 10% of Worldwide GDP by 2030

In a recent development, the CEO of Coinbase has made a bold prediction regarding the impact of cryptocurrency on the global economy by 2030. He forecasts that digital assets will account for 10% of the world’s GDP as they become more widely adopted and integrated into the financial system. This prediction is based on the [...]

The post Coinbase CEO Forecasts Crypto Accounting for 10% of Worldwide GDP by 2030 appeared first on Crypto Breaking News.

Dec 29, 2024 12:05

Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key

As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTCs price to new highs. Related Reading: Analyst Forecast Highly Bullish 2025 For Ethereum: Is The Bleeding Over? Bitcoin’s Red Week, Green Year Since breaking past the long-awaited $100,000 barrier in early December, Bitcoin has seen two significant corrections to the lower zone of its one-month range. Throughout the month, the flagship cryptos price has traded between $90,000 and $108,000, hovering between $96,000 and $102,000 for most of December. However, since reaching its latest all-time high (ATH) of $108,353 ten days ago, Bitcoin has lost the $100,000 support zone, falling to its lowest price in weeks. Over the past week, BTC has struggled to reclaim the $98,000 support zone, losing its Christmas retest above this level on Thursday. Now, the largest crypto by market capitalization moves within the mid-zone of its monthly range, displaying a candle that doesn’t look great but also not the worst. Neutral, and still a few more days to go, as Altcoin Sherpa stated. The analyst suggested that Bitcoin could see some weird price action over the next few weeks with despair followed by an absolute moon mission and killer alt season. Meanwhile, Daan Crypto Trades called BTCs current price action the end of the year chop. He noted that as Bitcoin moves sideways, liquidity is building on both sides, with an area of interest below $94,000 and a key level above the $100,000 mark. Some investors asked the community to zoom out on BTCs chart, highlighting that the cryptocurrency remains within a historical range despite the horizontal trajectory. If Bitcoin were to end the year at its current price, it would still record a 48.15% return in Q4 and a 122% increase in the yearly timeframe. Bitcoin Risks Fall To One-Month Lows Analyst Carl Runefelt considers that investors should watch the $92,500 support zone, as breaking below that horizontal level could send BTCs price to $86,000. Similarly, Ali Martinez warned investors about a key level for BTC. Martinez asserted that investors dont want Bitcoin to dip below $92,730, explaining that it is essentially free fall territory if the flagship crypto loses that level. According to the analyst, the flagship crypto could fall as low as $70,000 if it loses the key support zone based on the UTXO Realized Price Distribution (URPD) chart. In a previous post, he explored a bearish outlook where BTC could fall as low as $60,000, noting that several experts forecasted a correction anywhere from 23% to 36% for BTC. Martinez considers a 25% crash to the $70,000 mark possible, as the URPD chart shows minimal support below the $93,806 and $92,730 zones. If this critical demand area doesn’t hold, we could see a sharp drop to $70,085, he warned. Related Reading: New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation He also pointed out that Bitcoin broke below one of its most significant support zones at $97,300, which suggests a bearish outlook while it isnt reclaimed. However, the analyst asserted that this outlook would be invalidated if BTC has a sustained close above $97,300 and, more critically, a daily close above $100,000. Martinez added that reclaiming these levels could start the next leg toward the $168,000 target. As of this writing, Bitcoin is trading at $94,587, a 1.24% decrease in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Jul 08, 2023 05:50

BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory

Bitcoin’s market performance in the first half of 2023, surging by 80% against the U.S. dollar, has enthusiasts eagerly speculating about its year-end price. Techopedia and Changelly have released price prediction reports with varying estimates, suggesting that bitcoin’s value could range from $25,175 to $40,836 per unit by the close of the year. Techopedia vs. [...]

The post BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory appeared first on Crypto Breaking News.

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