{"id":10675,"date":"2024-02-13T19:13:52","date_gmt":"2024-02-13T17:13:52","guid":{"rendered":"https:\/\/forklog.com\/en\/tuur-demeester-predicts-bitcoin-reaching-600000-by-2026\/"},"modified":"2024-02-13T19:13:52","modified_gmt":"2024-02-13T17:13:52","slug":"tuur-demeester-predicts-bitcoin-reaching-600000-by-2026","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tuur-demeester-predicts-bitcoin-reaching-600000-by-2026\/","title":{"rendered":"Tuur Demeester Predicts Bitcoin Reaching $600,000 by 2026"},"content":{"rendered":"<p>Bitcoin early adopter Tuur Demeester has suggested that the leading cryptocurrency could reach $600,000 by 2026.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In &#8217;21 bitcoin topped at $69k. I&#8217;m targeting $200-$600k by 2026. Fueled by $ trillions in global bailouts\/stimulus. <a href=\"https:\/\/t.co\/ULslIMgzee\">https:\/\/t.co\/ULslIMgzee<\/a><\/p>\n<p>\u2014 Tuur Demeester (@TuurDemeester) <a href=\"https:\/\/twitter.com\/TuurDemeester\/status\/1757157499755520334?ref_src=twsrc%5Etfw\">February 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He believes the price rally will be &#8220;fueled&#8221; by government economic stimulus programs and <span data-descr=\"financial assistance to private companies from the state\" class=\"old_tooltip\">bailouts<\/span>.<\/p>\n<p>Demeester also suggested that retail investors will soon &#8220;wake up.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I expect for retail to start waking up soon. Remember, there is no fever like bitcoin fever. <a href=\"https:\/\/t.co\/mtQY5ijwfC\">https:\/\/t.co\/mtQY5ijwfC<\/a><\/p>\n<p>\u2014 Tuur Demeester (@TuurDemeester) <a href=\"https:\/\/twitter.com\/TuurDemeester\/status\/1757158543856193655?ref_src=twsrc%5Etfw\">February 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The expert advised market participants to &#8220;be careful with debt and potential overexposure&#8221; due to the high volatility of cryptocurrencies.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">That said, keep in mind one of the most important lessons in bitcoin: be careful with debt and potential overexposure, because its volatility will easily give you whiplash. <a href=\"https:\/\/t.co\/sxuCH5UOWy\">https:\/\/t.co\/sxuCH5UOWy<\/a><\/p>\n<p>\u2014 Tuur Demeester (@TuurDemeester) <a href=\"https:\/\/twitter.com\/TuurDemeester\/status\/1757159236419641602?ref_src=twsrc%5Etfw\">February 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In contrast to Demeester&#8217;s optimism, X-user iL Capo of Crypto predicted a short-term price pullback from the recent $50,000 mark.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> update<\/p>\n<p>I was bullish short-term from $40k because there were possibilities of reaching $50k. It just got hit. Now what?<\/p>\n<p>I&#8217;m expecting a rejection of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> from the $50k level while alts keep pumping more, forming a divergence. After that, the entire market should reverse. <a href=\"https:\/\/t.co\/g4n1YQ819m\">https:\/\/t.co\/g4n1YQ819m<\/a> <a href=\"https:\/\/t.co\/5JLTekUk8T\">pic.twitter.com\/5JLTekUk8T<\/a><\/p>\n<p>\u2014 il Capo Of Crypto (@CryptoCapo_) <a href=\"https:\/\/twitter.com\/CryptoCapo_\/status\/1757094404974678065?ref_src=twsrc%5Etfw\">February 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>MN Trading founder Micha\u00ebl van de Poppe also <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1757432798305038428?t=zBqoYBc_EcJrBqqhCWtvPw&#038;s=31\">expressed doubt<\/a> about an &#8220;endless&#8221; upward movement for bitcoin. However, he noted that the trend will remain intact as long as the cryptocurrency&#8217;s price stays above $46,000.\u00a0<\/p>\n<p>Earlier, options traders bet on a rally of digital gold to the $65,000 level in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin early adopter Tuur Demeester has suggested that the leading cryptocurrency could reach $600,000 by 2026.<\/p>\n","protected":false},"author":1,"featured_media":10674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1146],"class_list":["post-10675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptocurrency-market-forecasts"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=10675"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10674"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}