Never has the US elections been so crucial for crypto investors. The outcome may be a catalyst to trigger a full-on bull market. What are the prospects if Trump wins?
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One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.
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The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.”
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Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) in May. Standard Chartered’s Revised Bitcoin Price […]
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The chief investment officer at Bitwise Asset Management has explained why the current bitcoin bull market differs from prior bull markets. He doesn’t expect the bull market or the alts season to “end early,” emphasizing that he expects to see “more of an ‘everything season,’” rather than a classic alts season. Bitwise’s CIO Predicts an […]
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American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,” said Pantera founder Dan Morehead. Pantera’s Bull Market Prediction Pantera […]
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Investors will likely see Bitcoin surge even more when a spot Bitcoin ETF is approved, but other factors are needed for the rally to sustain, warn analysts.
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Experts remain divided on when the next bull market is set to kick off, but they all agree on one thing: the next big rally won’t look like the last one.
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“It’s reckless not to aggressively accumulate BTC at current levels,” K33 senior analyst Velte Lund said in a recent report.
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The CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive said, adding that the Federal Reserve is “close to the end of […]
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