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COINTURK NEWS > Cryptocurrency News > Market Analysts Provide Insights on Bitcoin Predictions for 2024 and 2025
Cryptocurrency News

Market Analysts Provide Insights on Bitcoin Predictions for 2024 and 2025

In Brief

  • Market analysts predict Bitcoin could reach $95,000 to $100,000 by year-end.

  • Upcoming U.S. elections may influence Bitcoin's volatility in 2025.

  • Liquidity is expected to increase, supporting Bitcoin's price surge.

Ömer Ergin
Ömer Ergin 7 months ago
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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 $103,556 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?

Contents
Predictions for the End of 2024Predictions for 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.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 15 October, 2024 - 6:43 pm 15 October, 2024 - 6:43 pm
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