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2024-03-22 19:10:18

SatoshiSamurai on Nostr: Bitcoin Price Prediction for 2024: Many experts believe Bitcoin could reach new ...

Bitcoin Price Prediction for 2024:

Many experts believe Bitcoin could reach new all-time highs in 2024, potentially surpassing $100,000

The average peak price prediction across sources is around $87,875

The upcoming Bitcoin halving event in April 2024 is expected to be a major catalyst, historically preceding record-breaking rallies


If Bitcoin repeats past trends, it could reach $148,000 by the first half of 2025

Increased institutional demand and the success of spot Bitcoin ETFs in the U.S. are also seen as key drivers pushing prices higher

However, some warn of a potential pre-halving rally followed by a sharp correction

More bullish predictions see Bitcoin reaching as high as $200,000 in 2024
One analyst believes an imminent supply shock due to macro events and diminishing Grayscale supply could propel Bitcoin to $500,000 by Q4 2025

Bitcoin Price Prediction for 2025:

Forecasts for 2025 have a wider range. The average prediction sees Bitcoin climbing to $122,688 in 2025
However, some expect a major correction after the 2024 peak.
One prediction sees Bitcoin falling significantly from 2024 highs, potentially dropping over 50% by mid-2025 before settling in a range of $58,500 to $68,000 by year-end, indicating a shift to a bearish trend
In contrast, another forecast estimates Bitcoin could reach $105,743 in the first half of 2025 before closing the year around $90,002, up 113% from March 2024 prices
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