Cryptocurrency Market Forecasts

ForkLog 9 13.05.2024

Bitcoin’s Dip Below $60,000 May Trigger Panic Selling, Warns Expert

A drop in the price of the leading cryptocurrency below $60,000 could trigger panic selling, according to FxPro trader Alex Kuptsikevich, reports CoinDesk. The expert believes that a breakthrough above $65,000 would signal a revival of bullish sentiment. If this prediction comes true, it would lead to the price stabilizing above the 50DMA and the […]

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ForkLog 14 13.05.2024

Bitcoin’s Sideways Movement Predicted for May with Growth Expected Later

The current lull in Bitcoin’s activity may persist until early summer, but a return to growth is anticipated in the third and fourth quarters, according to Bitfinex, as reported by CoinDesk. “We expect the market to remain uncertain in the short term with low volatility until the actual winding down of QT in June,” the […]

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ForkLog 19 10.05.2024

Jack Dorsey Predicts Bitcoin to Surpass $1 Million by 2030

By 2030, the leading cryptocurrency is expected to reach and exceed $1 million, according to Jack Dorsey, co-founder of Twitter (now X) and head of Block. jack is one of the most enigmatic men in business today: relentlessly blamed for social media censorship, but one of the most committed anti-authoritarians building in tech. in a […]

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ForkLog 10 08.05.2024

Tom Lee Reaffirms Bitcoin Forecast of $150,000 by Year-End

Tom Lee, co-founder of the analytical firm Fundstrat, reiterated his forecast on CNBC for the leading cryptocurrency to reach a price point of $150,000 by the end of 2024. “I think inflation is going to cool pretty dramatically,” says Tom Lee of @fundstrat. “I don’t know when but it’ll be sometime in the second half […]

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ForkLog 12 08.05.2024

Bitcoin Finds Local Bottom at $56,500, Says Standard Chartered

The situation has improved, with Bitcoin establishing a minimum at $56,500, according to Standard Chartered, reports The Block. The institution’s experts revised their previous forecast, which anticipated a decline to the $50,000–52,000 range. Experts confirmed a target of $150,000 by the end of the year and $200,000 by the end of 2025. The changes were […]

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ForkLog 11 07.05.2024

Bitcoin Options Traders Bet on Surge to $100,000

The ratio of bitcoin options positions suggests a rise in the price of digital gold. Macroeconomic factors support an upward trend. Traders’ expectations for Ethereum options have become less optimistic. The ratio of call and put options on bitcoin indicates traders expect a spot price of $70,000-$100,000 by the end of 2024, according to CoinDesk […]

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ForkLog 27 07.05.2024

Anthony Pompliano: Bitcoin’s Resilience Reaches New Heights

The 200 DMA has reached a new ATH above $50,000. This indicates that Bitcoin is “stronger than ever,” stated Anthony Pompliano, founder of Pomp Investments. Bitcoin’s 200 day moving average just hit a new all-time high. GBTC saw the first day of inflows in 78 days. Don’t get lulled to sleep by bitcoin going sideways. […]

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ForkLog 10 06.05.2024

Bitcoin’s $60,000 Support Crucial for Reaching New Heights, Says Expert

Bitcoin must maintain the $60,000 mark if the current momentum weakens at $67,500. This could lead to the formation of an ‘inverse head and shoulders’ reversal pattern, according to trader Matthew Hyland. #BTC IF we don’t break straight through $67.5k then something like this forming over the next month would make sense for a bottom […]

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ForkLog 18 05.05.2024

Willy Woo Predicts Bitcoin to Reach $1 Million by 2035

By 2035, the “fair value” of the leading cryptocurrency is expected to reach $1 million, according to analyst and CMCC Crest co-founder Willy Woo. On track for $1m per BTC as «fair value» by 2035. That’s if we take the user growth curve as a guide for valuation. Remember I said fair value and not […]

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ForkLog 48 03.05.2024

Arthur Hayes Predicts Bitcoin Surge to $70,000 by Summer’s End

The recent 12% pullback in Bitcoin is a “necessary market cleansing,” and the price will surpass $60,000, though it will not stabilize above $70,000 by the end of August, according to former BitMEX CEO Arthur Hayes. “Mayday” is a brief discussion on the recent Fed, US Treasury, the bank bailout policies. It’s money printing disguised. […]

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ForkLog 9 02.05.2024

JPMorgan Maintains Cautious Outlook on Cryptocurrency Prospects

Analysts at JPMorgan maintain a “cautious” stance on cryptocurrencies in the near term. They cited a lack of drivers and declining interest from retail investors, reports The Block. “Given also three risk factors (elevated positioning, the high price of the first cryptocurrency relative to the value of gold and the estimated cost of bitcoin mining, […]

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ForkLog 22 01.05.2024

‘AI tokens are meme coins’: All Time Half guests on the state of the market

On April 13, guests on the CRYPTOCENOSIS stage at ForkLog’s All Time Half 2024 conference discussed the current state of the crypto market, the Austrian school of economics, meme coins, AI tokens and the prospects for the coming bull market. Here are the key takeaways. Is Bitcoin a replacement for the existing financial infrastructure? Briefly: […]

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