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In a new interview with crypto bull Tim Draper, the billionaire venture capitalist is still expecting a Bitcoin high of $250,000, but by the end of 2023 – rather than in Q1 2023.
Benzinga interviewed Draper regarding his BTC predictions over the past five years, and got his take on whether recent spectacular cryptocurrency failures, like the FTX collapse, have impacted his resolve.
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BitMEX founder and crypto veteran Arthur Hayes says there will be a certain point when he flips "super bullish" on the digital asset markets.
In a new interview on Crypto Banter, Hayes says Bitcoin (BTC) and other risk assets are likely to undergo a large correction before a real bull run happens.
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The chief investment officer of cryptocurrency fund Bitwise Asset Management, Matt Hougan, says he is epically bullish on Bitcoin the next three years.
According to Hougan, the next bull cycle for the crypto markets will be unprecedented.
"This bull market cycle, this four-year cycle, is going to be the biggest cycle yet in terms of user adoption, in terms of aggregate market cap increase, in terms of almost all of the things that we care about."
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Rich Dad Poor Dad author Robert Kiyosaki says he believes in the lasting value of Bitcoin along with the precious metals gold and silver. In a new interview with Kitco News, the best-selling author says the value of the king crypto (BTC) is sustainable over time. His Bitcoin investment hit a 300% increase when the BTC crossed $24,000.
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Bitcoin can hit $10 million per BTC or more as it eats 25% of the global wealth, new crypto analysis has concluded.
"My conservative estimates suggest an outrageous full potential for Bitcoin's price: $10m/Bitcoin, in today's dollars. To put this another way, I believe Bitcoin's full potential is to eat ~25% of the world's value… while today it constitutes just 0.05%. That's absurd. That means that I believe Bitcoin could 500x over the coming decades, in real (inflation-adjusted) terms."
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Quantitative crypto analyst PlanB is mapping out his Bitcoin forecast for the next three years.
He points to Bitcoin's coming halving, which will reduce the amount of new supply entering the market in about a year, as the key catalyst that will spark an explosive BTC bull run.
PlanB says both of his stock-to-flow models show BTC's next top will likely be in the $100,000 to $1,000,000 range.
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A popular crypto analyst just unveiled his long-term target for the Bitcoin current cycle – and it's a big one.
The pseudonymous trader, whose alter ego is Filbfilb, tells his 85,000 Twitter followers that his target for the king crypto (BTC) is now $180,000.
"Bitcoin halving is due for March 2024. If history is anything to go off then you have 18 months absolute max to get your shit together before we start doing all sorts of crazy stuff above the all-time high again."
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Top crypto analyst Josh Rager predicts Bitcoin will peak out at $120K - $150K this cycle, sometime in 2025.
"Just my opinion on BTC over the next few years since I asked others. Peak high no higher than $120k to $150k sometime in 2025. Basically similar to previous cycles followed by multi-year bear market. No super cycle - just the same market cycle repeated followed by -80% prices"
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"Bitcoin may move from consolidation to another parabolic move back to $56,000," crypto analyst Noble said, having correctly predicted the BTC late 2020 surge from $20,000 to $40,000. "Going parabolic" is an expression often used in the crypto market to describe an expected impulsive move higher with limited downticks.
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A widely followed crypto analyst expects Bitcoin to continue trending up. He predicts BTC will jump by upwards of $10,000 soon.
"Corrections are relatively short-lived in an upwards trending market. Higher timeframe levels get one test and then markets start to shoot upwards, as people over short the correction. Breaking $25,000 and we'll continue towards $30,000-35,000 for Bitcoin."
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