Cryptocurrency Market Forecasts

ForkLog 16 19.04.2024

Bitcoin Faces Correction Before Potential Surge to $100,000, Says Pompliano

Bitcoin is expected to undergo a correction followed by a rise to $100,000 within 12–18 months, with the potential to reach $150,000–200,000. This was stated by Anthony Pompliano, founder of venture firm Pomp Investments, during a CNBC broadcast. “At the moment, the likelihood of a decrease is quite small. […] I don’t see any reason […]

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ForkLog 13 18.04.2024

The Crucial Role of the $60,000 Threshold for Bitcoin’s Price Stability

Should Bitcoin fail to maintain the $60,000 level, it risks a decline to $52,000 before resuming its upward trajectory, according to CryptoQuant. Experts noted that a pessimistic outcome is not inevitable, thanks to the dominance of ETF purchases. Institutional clients could absorb the excess supply resulting from liquidations triggered by a breach of $60,000. Analysts […]

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ForkLog 9 18.04.2024

JPMorgan Analysts Predict Bitcoin Decline Post-Halving

With the market still in an overbought state, there is a possibility of a correction in the price of the leading cryptocurrency following the reduction in miners’ rewards. This is reported by CoinDesk, citing a JPMorgan report. Analysts reached this conclusion based on an analysis of open interest in bitcoin futures. Furthermore, the asset’s price […]

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ForkLog 33 18.04.2024

Plan B Predicts Bitcoin to Reach $300,000 by 2025

Analyst PlanB has stated that the current halving cycle is no different from previous ones. He anticipates Bitcoin reaching $100,000 in 2024 and peaking at $300,000 the following year. IMO this bitcoin halving will NOT be different:— All bitcoin price increase will again be around the halving— Buying 6m before the halving and selling 18m […]

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ForkLog 11 18.04.2024

Coinify Foresees Bitcoin Sales Post-Halving

The price dynamics of Bitcoin following the halving will adhere to the principle of “buy the rumour, sell the news.” This was stated by Coinify CEO Rikke Staer in an interview with The Block. The executive explained her expectations by citing the increased presence of institutional investors and the growing experience of retail investors. According […]

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ForkLog 19 17.04.2024

Bernstein Sets Bitcoin Target Post-Halving

By the end of the year, Bitcoin is expected to rise to $80,000-$90,000, reaching $150,000 at its peak in 2025. The demand for ETFs from institutional investors will drive the new all-time high. The halving will lead to a 7% reduction in hash rate. Following the upcoming halving, Bitcoin is anticipated to resume its rally […]

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ForkLog 7 17.04.2024

Animoca Brands Founder Predicts Bitcoin Reaching $1 Million

During the WebSummit Rio conference, Animoca Brands founder Yat Siu expressed confidence that the price of the leading cryptocurrency will reach $1 million. Participating in a panel discussion titled “Bitcoin’s Revenge: Is Web3 Making a Comeback?”, the entrepreneur stated: “I believe that bitcoin can eventually reach over a million dollars. But I am certain—not because […]

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ForkLog 17 15.04.2024

Bitcoin Miners May Unleash $5 Billion Sell-Off, Expert Warns

Following the halving, miners could potentially liquidate bitcoin reserves worth $5 billion, exerting pressure on the price. This warning comes from Marcus Thielen, Head of Research at 10x Research. #Bitcoin Might Trade Sideways for 6 months As Miners Could Sell $5bn of BTC -> Here is why: https://t.co/gLRgs8yyGg pic.twitter.com/zBLdV95MAl — 10x Research (@10x_Research) April 13, […]

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ForkLog 8 12.04.2024

Peter Schiff Predicts Bitcoin’s Collapse Due to ETFs

Peter Schiff, President of Euro Pacific Capital, explained on Patrick Bet-David’s podcast how Bitcoin will face “the biggest crash in history,” leading MicroStrategy to bankruptcy. A well-known critic of the leading cryptocurrency, Schiff described it as a Ponzi scheme lacking intrinsic value. According to him, Bitcoin’s price rises solely due to hype and the greater […]

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ForkLog 51 11.04.2024

Tim Draper Predicts Bitcoin to Reach $250,000 by Year-End

Investor and billionaire Tim Draper anticipates that the price of the leading cryptocurrency will triple to $250,000 by the end of the year. “If I had to predict, perhaps by the end of the year we would see $250,000 [per bitcoin]. I mean, everything looks pretty good,” he noted. According to the businessman, the current […]

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ForkLog 7 09.04.2024

Analyst Predicts Bitcoin’s Re-Test of All-Time High

The founder of MN Trading, Michaël van de Poppe, suggested that the leading cryptocurrency is moving towards testing its highs above $73,000. #Bitcoin climbing towards a renewed test of the all-time high. If it holds above $69K, it seems likely that we’ll have such a test. pic.twitter.com/ua1AFttoxJ — Michaël van de Poppe (@CryptoMichNL) April 9, […]

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ForkLog 18 09.04.2024

Arthur Hayes Predicts Bitcoin Volatility Around Halving Event

In the medium term, the halving is a bullish catalyst for the crypto market. However, prices may decline immediately before and after the event, according to former BitMEX CEO Arthur Hayes. “Heatwave” is an essay on why I’m bearish despite the recent move higher in #crypto markets.https://t.co/gZ8Vl1uC04 pic.twitter.com/fH6docB499 — Arthur Hayes (@CryptoHayes) April 9, 2024 […]

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