Bitcoin (BTC), world’s biggest cryptocurrency, was on an up-and-down rollercoaster all week. The King Coin saw a few upswings, then a series of sharp drops. The halving has changed the predictions made for this year. Some investors stuck to the $90,000. Others were more ambitious.
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Bitcoins Performance and Future Predictions
Bitcoin experienced a minor recovery during the course of the day following a steep price decline. Over the past week, the king coin has dropped more than 4%. As of press time, the asset had risen by 3.21% to $57115.08. BTC has risen from a low $54,848 up to almost $58,000.
The current price and all-time high
BTC has fallen 22% from its record high price of $73,750. This asset is going to have many benefits. work How to get to the new place? next level. Bitcoin has to increase by 162.63% according to the calculations to reach $150,000.
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Bitcoin: When will it reach $150,000?
Brandt’s new chart shows that Bitcoin could still stage a parabolic increase despite its current downward spiral. Brandt, a prominent trader, believes that Bitcoin’s peak will be around $150,000 by late 2025.
What other experts have predicted
Brandt was not the only person to have made such a forecast. Standard Chartered made a similar prediction earlier this year. announced BTC’s value could reach $150,000 at the end of this year. The analysts also predicted that BTC will reach $250,000 in the next year. next year.
Prices for 2025
Changelly’s data suggests that Bitcoin could reach $100,000 by 2025. According to a study of previous Bitcoin prices, it is estimated that the price will reach $121,440.85 by 2025.
Bitcoin’s price could reach as high as $145,871.41. The average price of Bitcoin in 2025 could be as high as $124,947.50.
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Source: watcher.guru