Today, we will discuss medium and long-term targets. With the opening of the U.S. markets, Apple shares rose by 2.5%. Following this, we observed Bitcoin $0.000107 price spiking to $67,950. Although the price has currently retreated to the $67,000 mark, market participants believe that the upward trend may continue this time. What are the predictions for the end of 2024 and 2025?
Predictions for the End of 2024
In a recent market assessment, Mister Crypto shared a graph indicating that Bitcoin’s market dominance is on the verge of a significant decline. The analyst suggests that a major event similar to previous downturns is approaching, expecting to see parabolic rallies across cryptocurrencies following this event. Thus, what he aims for by the end of the year are even greater peaks.
Mikybull noted that Bitcoin prices have started to break free from a long-term consolidation phase. According to him, by the end of the year, Bitcoin’s price will range between $95,000 and $100,000. A short squeeze could support his massive year-end bullish scenario, at least according to his predictions.
Predictions for 2025
Bitcoin has never lingered in a narrow range for such an extended period. Although the anticipated rise post-halving has not yet started, we might see a delayed rally before the U.S. elections. Daan Crypto Trades provided an in-depth review, mentioning that we will witness significant surges in 2025 due to increased liquidity resulting from interest rate cuts.