Cryptocurrency Market Forecasts

ForkLog 7 13.11.2024

Bitcoin’s Path to $100,000: Expert Predictions

Since the beginning of the month, the leading cryptocurrency has shown a rapid ascent, nearing the $90,000 mark on November 12. Are there enough market incentives for Bitcoin to reach the psychological threshold of $100,000 in the coming days, and what obstacles might it face? ForkLog sought insights from experts. What Are the Conditions? Trader […]

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ForkLog 27 13.11.2024

Bitcoin’s Peak Predicted for May 2025 Amid US Recession Forecasts

Bitcoin is expected to reach its peak in late May 2025, coinciding with recession forecasts in the United States. This perspective was presented by Copper, as reported by The Block. Experts explained their position using data from various bullish and bearish cycles. They found that, on average, these cycles last about 756 days. Since the […]

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ForkLog 7 12.11.2024

Arthur Hayes Reiterates Bitcoin’s Potential Surge to $1 Million

The economic policies of the next US president, Donald Trump, could devalue the dollar, potentially pushing the price of Bitcoin to $1 million, according to former BitMEX CEO Arthur Hayes. Arthur Hayes’ latest article points out that Trump’s economic policies may lead to a depreciation of the US dollar and one Bitcoin price reaching $1 […]

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ForkLog 5 11.11.2024

Bernstein Analysts Urge Crypto Investments Amid Bull Market Surge

As Bitcoin surges to new all-time highs above $82,000, analysts at brokerage firm Bernstein have urged investors to add crypto assets to their portfolios “as soon as possible,” according to The Block. “Don’t fight it. Welcome to the bull market. Buy everything you can,” noted experts in a client note led by Gautam Chhugani. Chhugani […]

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ForkLog 14 11.11.2024

Bitcoin Surpasses $84,000, Sparking Concerns of a Sell-Off

On the morning of Monday, November 11, the first cryptocurrency reached a new all-time high of $81,800. At the time of writing, Bitcoin is trading near $81,000. 15-minute BTC/USDT chart on Binance. Data: TradingView. November 11, 2024 | 13:14Update: Bitcoin briefly reached $82,000. 15-minute BTC/USDT chart on Binance. Data: TradingView. November 11, 2024 | 18:39Update: The leading […]

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ForkLog 21 10.11.2024

VanEck CEO Predicts Bitcoin to Reach $300,000

The price of the leading cryptocurrency will reach $300,000, according to VanEck CEO Jan Van Eck in an interview with CNBC. “Bitcoin will reach a new all-time high today [November 8], and I think it will continue to rise. Ultimately, I believe Bitcoin’s market cap will reach half that of gold, which means about $300,000 […]

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ForkLog 12 09.11.2024

Tom Lee Anticipates Bitcoin Surpassing $100,000 by Year-End

By the end of 2024, the price of the leading cryptocurrency is expected to soar to “six-digit figures.” This view was expressed by Tom Lee, co-founder of the analytical firm Fundstrat, in an interview with CNBC. “It will be difficult to correct the [budget] deficit solely through changes in taxes and spending. But this is […]

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ForkLog 10 08.11.2024

Bitcoin Shows No Signs of Overheating, Says Expert

From a fundamental perspective, bitcoin does not exhibit “signs of overheating,” according to a report by Galaxy Digital, as reported by Cointelegraph. The expert noted the absence of a spike in funding rates for perpetual contracts and a moderate increase in OI across crypto derivatives. Data: Coinglass. According to Galaxy Digital, bitcoin and other cryptocurrencies […]

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ForkLog 6 06.11.2024

Bitcoin’s Prospects Brighten Amid Trump’s Electoral Victory

The cryptocurrency community has greeted the news of Donald Trump’s victory in the U.S. presidential race with optimism. Amid the contest between Democrats and Republicans, Bitcoin has reached a new all-time high of $75,400. New Incentives Trump’s arrival, positioning himself as a proponent of digital assets, is associated with new incentives and opportunities for the […]

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ForkLog 9 05.11.2024

Bitcoin’s Path Out of Consolidation Hinges on US Election Outcome, Says Expert

The price of digital gold is unlikely to break out of consolidation until the uncertainty surrounding the US presidential election winner is resolved. On election night, the movement of the first cryptocurrency’s rate could be 3.5% in either direction. Without a new catalyst, altcoins are unlikely to emerge from “apathy.” Regardless of the outcome of […]

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ForkLog 10 04.11.2024

Bernstein Predicts Bitcoin’s Trajectory Post-Trump or Harris Victory

Should Donald Trump be elected President of the United States, the leading cryptocurrency is expected to surpass its ATH and reach $80,000-$90,000, while a Kamala Harris victory could see it fall to $50,000. This forecast was made by Bernstein analysts, as reported by The Block. If the outcome is favourable for Bitcoin, the asset could […]

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ForkLog 6 04.11.2024

Bitcoin’s Potential Local Bottoms Ahead of US Elections

The options market anticipates a new all-time high for Bitcoin by the end of November and increased volatility post-US elections. Traders have noted the possibility of Bitcoin’s price retreating to $65,000 before a rebound. The price of Bitcoin is expected to hit $66,200 before a rebound ahead of the US presidential elections, according to trader […]

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