Cryptocurrency Market Forecasts

ForkLog 17 06.06.2024

Robert Kiyosaki Predicts Bitcoin to Hit $350,000 by August 2024

Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad” and an entrepreneur, has forecasted that the price of the leading cryptocurrency will reach $350,000 by August 25. BITCOIN will be $350,000 by August 25, 2024 is not a lie. It’s a prediction. It’s speculation, it’s an opinion, but it’s not a lie. It’s […]

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ForkLog 7 06.06.2024

Standard Chartered Predicts Bitcoin to Reach $100,000 Before US Elections

Bitcoin is projected to rise to $100,000 by November, with a new all-time high potentially being set as early as this weekend, according to Standard Chartered, reports The Block. This early formation of a new ATH could be driven by “favorable” US employment data on June 7. In such a scenario, the digital gold’s price […]

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ForkLog 13 06.06.2024

QCP Capital: Bitcoin Options Market Bets on Surge to $74,000

A surge in the purchase of bitcoin call options expiring at the end of June above $74,000 indicates heightened expectations for a “decisive breakthrough” of the historical peak. This conclusion was reached by QCP Capital, as reported by The Block. There is a concentration of calls at the $75,000 strike price. On June 5, the […]

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ForkLog 10 04.06.2024

Hash Ribbons Indicator Signals Bitcoin Buying Opportunity

The Hash Ribbons indicator is issuing an “optimal signal” for purchasing digital gold in the coming weeks, suggesting a renewal of the asset’s rally, according to Charles Edwards, founder of Capriole Investments. Hash Ribbons is back. Perhaps the best long-term Bitcoin buy signal there is, Hash Ribbons is now tempting us with a new Miner […]

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ForkLog 10 04.06.2024

Crypto Holders Retain Bitcoin Amid $70,000 Surge

Following Bitcoin’s price touching $70,000, more than half of the coins remain inactive, indicating long-term confidence in the asset. This conclusion was reached by CryptoQuant, reports CoinDesk. The lack of on-chain movements of such a high proportion of supply may suggest further price increases, experts added. In other words, the sentiment remains “stubbornly bullish.” “Despite […]

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ForkLog 8 04.06.2024

Analyst Predicts Reduced Volatility for Bitcoin and Ethereum

The current implied volatility values for Bitcoin and Ethereum options suggest a calm outlook for the cryptocurrency market in the coming weeks, according to Deribit’s Chief Commercial Officer Luuk Strijers, as reported by The Block. This metric for the leading cryptocurrency has significantly decreased since mid-May. Source: The Block. Analysts at QCP Capital also noted […]

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ForkLog 34 03.06.2024

Chamath Palihapitiya Predicts Bitcoin Surge to $500,000

Venture capitalist Chamath Palihapitiya discussed a potential path for the widespread adoption of Bitcoin on the All-In podcast, suggesting the cryptocurrency’s price could rise to $500,000. According to the billionaire, the “powerful concept” of adopting digital gold was explained to him by Xapo custodian founder Wences Casares. The entrepreneur is confident that more countries will […]

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ForkLog 54 03.06.2024

Bitcoin Could Reach $130,000 by September 2025, Analyst Predicts

By the fourth quarter of 2025, Bitcoin may rise to $130,000–150,000, provided its price follows the trajectory of previous bull markets post-halving, according to technical analyst and head of Factor LLC Peter Brandt. The expert noted that the periods of halving miner rewards represent an “almost perfect symmetry” in the history of the first cryptocurrency. […]

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ForkLog 21 31.05.2024

Bitcoin Faces Uncertainty Amid Mt.Gox Compensation Distribution

Bitcoin is experiencing uncertainty due to the distribution of Mt.Gox compensations. Ethereum may find itself in a favorable position following the approval of spot ETFs. Meme tokens continue to attract traders’ attention. The price of Bitcoin is being held back by uncertainty surrounding the potential distribution of assets from the Mt.Gox exchange. This is reported […]

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ForkLog 10 28.05.2024

CryptoQuant Predicts Continued Bitcoin Bull Rally

Indicators suggest the bullish phase of the market is not yet over, according to experts at CryptoQuant. The #Bitcoin bull market is still not over “In past bull markets, MVRV peaked at 4.83 and 3.97, and currently has only reached 2.78. It has still not entered the overvalued zone and further rises can be expected.” […]

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ForkLog 23 27.05.2024

Ethereum Price Could Reach $4500, Predicts Expert

The price of Ethereum may rise to $4500 even before the launch of spot ETFs based on the cryptocurrency, according to Arthur Cheong, founder and CEO of DeFiance Capital. 4.5k before spot ETF go live for trading imo. — Arthur (@Arthur_0x) May 26, 2024 On May 23, the U.S. Securities and Exchange Commission (SEC) approved […]

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ForkLog 15 22.05.2024

Bernstein Analysts Predict Ethereum Surge to $6600 with ETF Approval

Approval by the SEC of spot exchange-traded funds based on Ethereum could lead to a 75% increase in the asset’s price, reaching $6600. This view was expressed by Bernstein analysts Gautam Chhugani and Mahika Sapra, as reported by DL News. According to their assessment, the approval of spot Bitcoin ETFs in January resulted in a […]

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