Cryptocurrency Market Forecasts

ForkLog 31 02.03.2024

Mike Novogratz Anticipates Bitcoin Correction Before New Peak

Bitcoin is expected to undergo a correction before reaching a new all-time high, according to Mike Novogratz, CEO of Galaxy Digital, in an interview with Bloomberg Television. “I wouldn’t be surprised by some correction and consolidation. If that happens, Bitcoin could drop to $50,000 before soaring to a new high,” he stated. According to the […]

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ForkLog 12 01.03.2024

Bitcoin Evangelist Predicts Turbulent Year Ahead for Crypto Market

Bitcoin evangelist Stepan Gershuni shared his insights on market cycles and short-term prospects for digital asset holders on Facebook. According to the expert, the first stage involves an intuition of an impending bull run. This is indicated by the slow growth of Ethereum and Bitcoin compared to figures from two years ago, the appearance of […]

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ForkLog 29 27.02.2024

Peter Brandt Raises Bitcoin Forecast to $200,000

Following a breakthrough past the $56,000 mark, technical analyst and head of Factor LLC, Peter Brandt, has revised his forecast for the leading cryptocurrency in 2025 from $120,000 to $200,000. Bitcoin UpdateWith the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep […]

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ForkLog 27 24.02.2024

Tom Lee Predicts Bitcoin to Reach $150,000 by End of 2024

Bitcoin prices are expected to reach $150,000 in 2024, according to Tom Lee, co-founder of the analytical firm Fundstrat, in an interview with CNBC. “I think it could be worth up to $150,000 this year. ETFs increase demand, halving reduces supply, and the monetary policy easing we expect supports risky assets and bitcoin,” he explained. […]

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ForkLog 37 13.02.2024

Tuur Demeester Predicts Bitcoin Reaching $600,000 by 2026

Bitcoin early adopter Tuur Demeester has suggested that the leading cryptocurrency could reach $600,000 by 2026.

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ForkLog 16 12.02.2024

Grayscale Anticipates Positive Bitcoin Market Structure Post-Halving

Fundamental shifts in supply and demand dynamics, alongside other factors, are likely to positively influence Bitcoin prices following the halving, according to Grayscale. NEW REPORT: fundamental onchain activity and positive market structure updates could make the spring 2024 $BTC halving fundamentally different from the ones that came before. pic.twitter.com/SIjBg11cpV — Grayscale (@Grayscale) February 9, 2024 […]

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ForkLog 29 12.02.2024

Bitcoin after the halving: where next for the price?

In the second half of April the next halving of the first cryptocurrency will take place. Many market participants await the event with optimism, seeing it as no less significant than the launch of spot bitcoin ETFs in the United States. Halving the block reward from 6.25 BTC to 3.125 BTC will make digital gold […]

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ForkLog 25 11.02.2024

Bernstein Predicts Bitcoin Miners’ Stock Surge Ahead of Halving

Shares of companies mining the leading cryptocurrency present a promising entry point ahead of the halving, reports CoinDesk, citing a report by Bernstein analysts. The document notes that Bitcoin’s price soared after each previous halving—in 2012, 2016, and 2020. The next halving, which will reduce the block reward to 3.125 BTC, is scheduled for April […]

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ForkLog 17 09.02.2024

Ripple Predicts Significant Shifts in Cryptocurrency Market Structure

The year 2024 is anticipated to be a period of potential large-scale changes in the cryptocurrency market structure, driven by institutional demand, according to Ripple’s quarterly report. Our latest XRP Markets Report is live — detailing Q4 events in crypto that brought important topics such as compliance and anti-money laundering to the forefront, key regulatory […]

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ForkLog 10 07.02.2024

Analyst Predicts Short-Term Correction in Cryptocurrency Market

The digital asset market is poised for a short-term correction as Bitcoin’s price has yet to reflect the Federal Reserve’s decision to delay a rate cut. This was stated by Jag Kooner, head of derivatives at Bitfinex, in an interview with The Block. “The cryptocurrency market may decline in the short term if market expectations […]

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ForkLog 12 05.02.2024

Bitcoin to Become Scarcer Than Gold: Expert Predicts $500,000 Valuation

Following the upcoming halving, Bitcoin is expected to become scarcer than gold and real estate, potentially reaching a price of around $500,000, according to popular blogger PlanB. After April halving, bitcoin will be scarcer than gold and real estate. It would surprise me if bitcoin market cap ($10T). This implies a BTC price >$500k (>$10T/20m). […]

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ForkLog 21 31.01.2024

Marathon CEO Predicts Bitcoin at $125,000 by 2025

By the end of 2025, the leading cryptocurrency could reach a new high of $125,000, with its price fluctuations becoming “more stable.” This was stated by Marathon Digital CEO Fred Thiel in a podcast with Anthony Pompliano. “The only unique thing about bitcoin that stocks don’t have is the limited number of coins,” he added. […]

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