Different predictions for Bitcoin keep coming. The latest forecasts have highlights for December and April. Let’s look at the details.
Bitcoin prediction from Fundstrat
Market strategy research firm Fundstrat is making a statement about Bitcoin price for the coming months. The company also highlights the importance of Blackrock’s application for a Bitcoin ETF as a price-determining factor.
The research firm predicts a huge rise in the price of Bitcoin. Accordingly, the company thinks that Bitcoin will increase by 521% by April 2024. This bullish prediction by Fundstrat means a price tag of $ 180,000 for Bitcoin.
BTC forecast by analyst CryptoYoddha
Cryptocurrency analyst known as CryptoYoddha posted a tweet on July 24. According to the observations he shared, Bitcoin is currently in the ‘disbelief’ phase, which precedes the ‘hope’ phase in terms of the psychology of a market cycle and indicates positive market sentiment.
According to the analyst’s chart, BTC is currently in the ‘disbelief’ phase. The next step is the hope phase. At this stage, prices begin to recover. According to the analyst, ‘optimism’, ‘belief’, ‘excitement’ and finally ‘enthusiasm’ follow respectively. The analyst is of the opinion that these stages will take place by the end of the year. Accordingly, the target for the end of the year for Bitcoin is 50 thousand dollars and above.
Bitcoin prediction from Trader Tardigrade
Cryptocurrency analyst Trader Tardigrade states that Bitcoin is repeating the same price structure as it did in the period from 2013 to 2018. Accordingly, he emphasized that he followed a certain pattern during this period, going from the ‘previous peak’ to ‘peak 1’ and preceded by ‘peak 2’ and ‘retest’.
The analyst has a different explanation at this point. Accordingly, according to the chart pattern analysis, the next stage in this structure is taking Bitcoin to a huge level in 2026. Bitcoin will experience a price explosion that will reach the level of 400 thousand dollars.
Bitcoin prediction from Stockmoney Lizards
Meanwhile, crypto trading expert Stockmoney Lizards states that Bitcoin has just emerged from its third historical cycle, where it reached an all-time high (ATH) of $68,000.
According to the analyst, Bitcoin will reach a huge level in the second or third quarter of 2025. Accordingly, it has entered its fourth price cycle that could result in a new ATH of between $150,000 and $200,000.
BTC prediction from Google Bard
In terms of certain numbers, Bard makes Bitcoin price predictions. However, he does not neglect to take advantage of certain names while doing this. As an example, it includes PlanB’s $100,000 Bitcoin prediction.
On the other hand, it also includes the second estimate made by the British multinational bank Standard Chartered. Accordingly, he predicts that Bitcoin will reach $120,000 by 2024. On the other hand, it also includes the prediction of ZebPay, India’s oldest cryptocurrency exchange. This forecast is at the level of 40 thousand dollars until the end of the year.
Bitcoin prediction from Captain Fabik
Famous cryptocurrency analyst Captain Faibik offers a hopeful perspective on the current situation. He argues that Bitcoin bulls are currently in control. But he also warns that challenges could continue, potentially leading to more capitulations in the days ahead.
According to the analyst’s forecast, Bitcoin’s next strong support level is expected to be around $24,700. A potential recovery above $32,000 is then expected later this year. Despite the recent decline, Captain Faibik continues to rise in the long run. He made an ambitious price prediction of $100,000 for Bitcoin by 2024. The much anticipated bull run is expected to begin in November 2023 and potentially lead to significant market activity. Also, Bitcoin dominance has dropped below 50 percent. This could lead to more gains for altcoins like Dogecoin when we look at cryptokoin.com.
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