BTC price prediction Archive

The illiquid supply floor demands the preservation of levels not far below $40,000 as supply drops and demand surges across the board.

Spent output profit ratio is heavily hinting that hodlers should buy the dip on BTC, analysts say.

Forecasts for the short term include a deeper dive towards $40,000 but also an imminent surge back above the $50,000 mark.

“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger.

The “Bitcoin Bubble Index” is heavily hinting that another BTC price local peak will come this year.

A curious pattern emerges as Bitcoin stays stuck in its defined trading range between $30,000 and $40,000.

On-chain data suggests that Bitcoin is staging a recovery like in December 2018 and March 2020.

A decade to hyperbitcoinization is “most likely,” says Kraken executive Dan Held, a forecast echoed by Unchained Capital’s Parker Lewis.

With institutions demanding protection from inflation and dollar depreciation, historical trends could see BTC/USD 8X from current prices, says Bloomberg Intelligence.

Bitcoin could see in excess of 10x growth in the mid term should historical trends repeat for a third time, says ARK Invest’s Yassine Elmandjra.

Bitcoin’s trajectory towards $100,000 is more real than ever, data shows, while one naysayer warns that the market is $11,000 overvalued.

BTC/USD is more likely to reach $300,000 in a year’s time, the popular analyst says, thanks to an “amplified bullish feedback loop.”