Analysts continue to forecast a Bitcoin price target anywhere between $140,000-$500,000 during the current market cycle.
Bitcoin Price news
Bitcoin could still see “healthy cooling” before its trip to $100,000 and above, the latest BTC price analysis says.
Ether could drop another 50% against Bitcoin by the end of 2024 after entering a technical breakdown setup.
Bitcoin bulls have sealed BTC price all-time highs in US dollar terms but have yet to match macro asset records from 2021.
Expectations of improving economic policies under the Trump administration may drive Bitcoin’s price above $100,000 before the end of the month.
Bitcoin is witnessing a shallow pullback, but bulls still anticipate a rally toward $100,000 in the short-term.
Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally.
Even a small allocation of Bitcoin in a traditional investment fund can be beneficial.
Bitcoin is consolidating after new all-time highs, but bulls cannot afford to lose track of too many potential support levels, says BTC price analysis.
Matthew Sigel, VanEck’s head of digital assets research, says Bitcoin is in “blue sky territory” and expects the cryptocurrency to run up to $180,000 in 2025.