Cryptocurrency Market Forecasts

ForkLog 7 18.11.2024

CryptoQuant CEO Raises Bitcoin Forecast to $135,000

Based on the cumulative capital inflow into the bitcoin market, the target price for the digital asset in the current cycle is set at $135,000. This conclusion was reached by Ki Young Ju, founder and CEO of CryptoQuant. Source: X. Thus, the expert adjusted his February forecast for the first cryptocurrency’s price based on realized […]

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ForkLog 7 17.11.2024

VanEck Predicts High Likelihood of Solana-ETF Approval by 2025

The U.S. Securities and Exchange Commission (SEC) is expected to approve spot Solana-ETFs by the end of 2025, according to Matthew Sigel, head of digital asset research at VanEck, in a comment to the Financial Times. “I think the chances of Solana-ETF approval by the end of next year are extremely high,” he said. Sigel […]

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ForkLog 47 16.11.2024

Cathie Wood Predicts Bitcoin to Reach $650,000

By 2030, the leading cryptocurrency is expected to hit $650,000 in a base scenario and range from $1 million to $1.5 million in a bullish one. This forecast was shared by ARK Invest CEO Cathie Wood in an interview with CNBC. “We are getting regulatory relief. I think this is one of the most important […]

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ForkLog 9 15.11.2024

Fed Chair’s Remarks Push Bitcoin Below $87,000

In the early hours of November 15, Bitcoin tested levels below $87,000. The catalyst was remarks by Federal Reserve Chair Jerome Powell about the lack of urgency in easing monetary policy. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the price had returned to $88,000. The daily decline rate decreased to 1.2%. […]

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ForkLog 11 14.11.2024

Novogratz: Bitcoin Could Hit $500,000 if US Establishes Strategic Reserve

Should the United States establish a strategic reserve in Bitcoin, its price could reach $500,000, according to Mike Novogratz, head of Galaxy Digital.

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ForkLog 6 13.11.2024

Bitwise CIO Predicts Bitcoin’s Maturity at $500,000

A price of $500,000 will signify Bitcoin’s transition into maturity; until then, the leading cryptocurrency remains in its “early stage.” These insights were shared by Bitwise CIO Matt Hougan. “In my view, $500,000 per coin is the right boundary between the early and late stage for a very simple reason: it is the point at […]

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ForkLog 5 13.11.2024

Bitcoin’s Path to $100,000: Expert Predictions

Since the beginning of the month, the leading cryptocurrency has shown a rapid ascent, nearing the $90,000 mark on November 12. Are there enough market incentives for Bitcoin to reach the psychological threshold of $100,000 in the coming days, and what obstacles might it face? ForkLog sought insights from experts. What Are the Conditions? Trader […]

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ForkLog 20 13.11.2024

Bitcoin’s Peak Predicted for May 2025 Amid US Recession Forecasts

Bitcoin is expected to reach its peak in late May 2025, coinciding with recession forecasts in the United States. This perspective was presented by Copper, as reported by The Block. Experts explained their position using data from various bullish and bearish cycles. They found that, on average, these cycles last about 756 days. Since the […]

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ForkLog 6 12.11.2024

Arthur Hayes Reiterates Bitcoin’s Potential Surge to $1 Million

The economic policies of the next US president, Donald Trump, could devalue the dollar, potentially pushing the price of Bitcoin to $1 million, according to former BitMEX CEO Arthur Hayes. Arthur Hayes’ latest article points out that Trump’s economic policies may lead to a depreciation of the US dollar and one Bitcoin price reaching $1 […]

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ForkLog 4 11.11.2024

Bernstein Analysts Urge Crypto Investments Amid Bull Market Surge

As Bitcoin surges to new all-time highs above $82,000, analysts at brokerage firm Bernstein have urged investors to add crypto assets to their portfolios “as soon as possible,” according to The Block. “Don’t fight it. Welcome to the bull market. Buy everything you can,” noted experts in a client note led by Gautam Chhugani. Chhugani […]

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ForkLog 9 11.11.2024

Bitcoin Surpasses $84,000, Sparking Concerns of a Sell-Off

On the morning of Monday, November 11, the first cryptocurrency reached a new all-time high of $81,800. At the time of writing, Bitcoin is trading near $81,000. 15-minute BTC/USDT chart on Binance. Data: TradingView. November 11, 2024 | 13:14Update: Bitcoin briefly reached $82,000. 15-minute BTC/USDT chart on Binance. Data: TradingView. November 11, 2024 | 18:39Update: The leading […]

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ForkLog 16 10.11.2024

VanEck CEO Predicts Bitcoin to Reach $300,000

The price of the leading cryptocurrency will reach $300,000, according to VanEck CEO Jan Van Eck in an interview with CNBC. “Bitcoin will reach a new all-time high today [November 8], and I think it will continue to rise. Ultimately, I believe Bitcoin’s market cap will reach half that of gold, which means about $300,000 […]

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