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A closely followed crypto strategist is bullish on Bitcoin, saying that BTC could be gearing up to do the unthinkable. Assuming past November low was this cycle bottom for Bitcoin, according to Fibonacci Circles the next ATH could be at either: $217k using the 2.618 Fibonacci circle or $515k using the 3.618 Fibonacci circle.
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Charlie Munger recently called for the US to ban crypto, but Bitcoin evangelist Max Keiser has clapped back with an interesting opinion. He claims that Munger is a "cock block" and wants to delay the inevitable. BTC and crypto aren't going away and will only build more momentum in the coming years.
"Munger's just trying to cock block with that withered piece of string and pancake batter balls he's got."
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The Bitcoin bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.
Yusko thinks the next crypto bull run or, as he calls it, "the crypto summer," could kick off as soon as the second quarter of this year due to the combination of more dovish central bank policies and the anticipation of the Bitcoin halving.
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The popular quantitative analyst PlanB is updating his forecast on Bitcoin after crypto kicked off the year with a strong rally.
He says the king crypto (BTC) is heading toward the $32,000 price level leading up to next year's halving event when supply will decrease. He predicts Bitcoin will cross the $100,000 price level in 2025 when he says it could climb to seven figures.
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ARK Invest CEO Cathie Wood is outlining a bold Bitcoin prediction.
In a new CNBC interview, ARK Invest CEO Cathie Wood says that she firmly believes the top crypto asset (BTC) will soar by more than 2,000% within seven years.
"In fact, we're a little higher than [$500,000] in our base case for the year 2030. And in our bull case, much higher."
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A new report by Cathie Wood's growth-focused fund outlines how Bitcoin continues to outperform every other major asset class.
The king crypto, Bitcoin, in the eyes of Ark Invest, is still predicted to close the decade at $1 million per BTC because its fundamentals are sound – despite a turbulent 2022.
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The popular Bitcoin price analyst PlanB has outlined a scenario that he predicts could propel the BTC price up to $1 million per coin by the year 2025.
At a minimum, he expects the king crypto asset to rise above $100,000 that year – over 300% above its current price.
"BTC bottom is in, 2024 halving (greater than) $32k, 2025 bull market (greater than) $100k" scenario could look like this. Note the $100k-$1m yellow range estimate for 2025."
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"I believe one Bitcoin is going to be worth $65 million a pop", says crypto analyst describing BTC as a technology that is ripe to disrupt the largest total addressable market cap in history.
"With $900 trillion in money and debt all around the world. Real Estate is $300T, $300-$400T in debt, and $100T in fiat money, along with smaller asset classes like gold at $12T. Being conservative, lets say we move onto a Bitcoin standard, and assume BTC captures something like 30% of that global wealth around the world."
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The crypto strategist who nailed the Bitcoin May 2021 collapse says BTC is flashing signals that suggest the king cryptocurrency is setting up for a massive move to the upside.
The crypto strategist says that Bitcoin can explode 676% by 2024 based on his logarithmic growth curve (LGC) model.
"A technical target for BTC of $180,000 late next year…"
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Bitcoin has "well-formed" evidence, which suggests that its next all-time high will top out at $200,000, one crypto analyst says.
In a tweet on Jan. 27, popular Twitter commentator Trader Tardigrade, also known as Alan, also revealed $70,000 as the next potential BTC bear market bottom.
"Bitcoin well-formed structure with stochastic behavior indicates that the next ATH will be at 200K and next floor will be at 70K," Alan summarized alongside an illustrative chart.
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