Cryptocurrency Market Forecasts

ForkLog 12 23.10.2024

Bernstein’s $200,000 Bitcoin Prediction by 2025 Deemed Conservative

Analysts at Bernstein have reiterated their forecast for Bitcoin to reach $200,000 by the end of next year, describing it as “conservative.” This was reported by The Block. “Bitcoin will be worth $200,000 in this cycle (end of 2025). […] We are conservative,” stated Gautam Chhugani, head of digital assets at Bernstein, in a letter […]

AI translated

ForkLog 10 23.10.2024

CryptoQuant Observes Bitcoin On-Chain Activity Surge to March Peaks

Retail investor demand for Bitcoin has returned to levels seen before the ATH in March 2024, according to CryptoQuant, reports The Block. “In the last 30 days, the metric has increased by ~13%, mirroring the scenario in March,” the report states. From June to the end of September, the opposite trend was observed. “The current […]

AI translated

ForkLog 10 22.10.2024

QCP Capital Predicts Ethereum Surge to $3000

During the week of October 14-20, Ethereum rose by 11%, outpacing Bitcoin’s 9.6% increase, though it lags behind in the Uptober context with 4% compared to 8%. QCP Capital noted a strong likelihood of Ethereum breaking through the $2800 resistance and reaching $3000. 4/ Read the full analysis here: https://t.co/gNhw4giQWX — QCP (@QCPgroup) October 22, […]

AI translated

ForkLog 23 21.10.2024

Michael Saylor Predicts Bitcoin to Reach $13 Million

Bitcoin’s price will soar to $13 million per coin within 21 years, according to MicroStrategy founder Michael Saylor in an interview with Madison Reidy. This conversation addresses popular myths & risks that hinder #Bitcoin adoption, explains why Bitcoin is the superior digital asset, capital asset, and store of value, and advocates for universal recognition of […]

AI translated

ForkLog 12 21.10.2024

Peter Brandt Foresees Potential 27-Fold Surge for Solana

Solana could surge by over 2600%, reaching approximately $4500, if a “cup and handle” pattern materialises, according to technical analyst and Factor LLC head Peter Brandt. #5$SOL displays possible Cup and Handle with rectangle as HandleI am flat in this crypto pic.twitter.com/K0eRxs2aOd — Peter Brandt (@PeterLBrandt) October 21, 2024 Since hitting the cycle low near […]

AI translated

ForkLog 114 18.10.2024

Max Keiser Predicts Imminent Bitcoin Surge to $220,000

Bitcoin will “soon” rise to $220,000, according to a forecast by television host and Heisenberg Capital founder Max Keiser. The new ATH Gold price is predicting Bitcoin will trade over $220,000 very soon. — Max Keiser (@maxkeiser) October 18, 2024 The expert referred to gold prices reaching a new all-time high above $2700. The previous […]

AI translated

ForkLog 8 18.10.2024

Matrixport Links Bitcoin Surge Beyond $70,000 to Trump’s Potential Victory

Analysts at Matrixport have deemed their February forecast of Bitcoin reaching $70,000 by year-end as “too conservative.” The price could surpass this mark amid the U.S. elections. #MatrixOnTarget Report? — Oct 18: $70,000 Year-End #Bitcoin Target Likely Too Conservative#Matrixport #Crypto #cryptomarket #MarketWatch #CryptoInvestors #BTC pic.twitter.com/n2LZDcsOoW — Matrixport Official English (the only official X) (@Matrixport_EN) October […]

AI translated

ForkLog 7 16.10.2024

JPMorgan Identifies Cryptocurrency Growth Drivers for Year-End

The potential return of Donald Trump to the U.S. presidency and the need for a hedge against economic instability create favorable prospects for Bitcoin in 2025, according to JPMorgan, as reported by The Block. Analysts suggest that amid rising geopolitical tensions and the upcoming U.S. elections, speculative institutional investors may consider gold and the leading […]

AI translated

ForkLog 8 15.10.2024

Bernstein Links Bitcoin Rally to Trump’s Rising Election Odds

Bernstein attributes the bullish sentiment to Donald Trump’s lead over Kamala Harris in the presidential race. Standard Chartered highlights the potential for Bitcoin to return to its ATH before the US elections. The surge in Bitcoin’s price is linked to the increasing chances of Republican candidate Donald Trump securing the presidency, according to Bernstein, as […]

AI translated

ForkLog 9 15.10.2024

Indicators Point to Rising Bullish Sentiment Among Bitcoin Investors

The funding rate for perpetual bitcoin contracts has reached a multi-month high, indicating bullish sentiment in the short to medium term, according to The Block. The metric, weighted by open interest, has reached 0.012%. The last time such a high level was observed was on July 27, when the price of the leading cryptocurrency rose […]

AI translated

ForkLog 9 11.10.2024

Whales Accumulate 1.5 Million BTC in Anticipation of a Rally

Investors holding more than 1,000 BTC have amassed an additional 1.5 million coins over the past six months, noted CryptoQuant analyst Axel Adler Jr. 1.5M BTC has been accumulated by whales (with >1K BTC on balance) over the last 6 months. There’s really nothing to discuss here. pic.twitter.com/7cAVWVEK15 — Axel ?? Adler Jr (@AxelAdlerJr) October […]

AI translated

ForkLog 9 09.10.2024

Bitwise Outlines Conditions for Bitcoin to Surpass $80,000 by Year-End

A Trump victory in the U.S. elections, a 50 basis point rate cut by the Fed with new stimuli from China, and a lack of major surprises in the industry are the conditions for bitcoin to rise above $80,000 by the end of the year, according to Bitwise, reports The Block. Matt Hougan, the company’s […]

AI translated

#Cryptocurrency Market Forecasts