{"id":81464,"date":"2023-07-08T11:02:44","date_gmt":"2023-07-08T08:02:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81464"},"modified":"2025-09-11T23:00:06","modified_gmt":"2025-09-11T20:00:06","slug":"matrixport-bitcoin-price-could-reach-125000-by-end-2024","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/matrixport-bitcoin-price-could-reach-125000-by-end-2024\/","title":{"rendered":"Matrixport: Bitcoin price could reach $125,000 by end-2024"},"content":{"rendered":"

Bitcoin prices could surpass the $125,000 mark by the end of next year, CoinDesk<\/a> reported, citing Marcus Tilen, head of the research department of Matrixport’s crypto-financial service.<\/p>\n

\n\u201cOn June 22, Bitcoin reached a new year-to-date high. This signal historically indicated the end of bear markets and the start of bull markets,\u201d he explained.<\/cite><\/p><\/blockquote>\n

According to Tilen, Bitcoin price could rise by 123% over 12 months and by 310% over 18 months. At that rate, the asset would be worth $65,539 and $125,731 respectively, the expert added.<\/p>\n

The forecast is based on the average returns of similar signals in the past: August 2012, December 2015, May 2019 and August 2020. The first instance of a rise of 5,285% over 18 months is deliberately ignored by Tilen, who calls it \u201cepic\u201d and \u201cout of proportion.\u201d<\/p>\n

\"7SH6TND27BG25PYPGBBK3W236Q\"
Data: Matrixport.<\/figcaption><\/figure>\n

Earlier, Dan Tapiero, co-founder of 10T Holdings and Gold Bullion International, said the bear phase of the crypto market was over and predicted an explosive rally<\/a>.<\/p>\n

In April, Standard Chartered analysts predicted bitcoin’s rise<\/a> to reach $100,000 by the end of 2024.<\/p>\n

In May, former BitMEX CEO Arthur Hayes ruled out a new all-time high for digital gold in 2023, but left room for<\/a> such a possibility in the next year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin prices could surpass the $125,000 mark by the end of next year. This was stated by Marcus Tilen, head of the research department of Matrixport’s crypto-financial service.<\/p>\n","protected":false},"author":1,"featured_media":81465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,989],"class_list":["post-81464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-matrixport"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81464","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=81464"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81464\/revisions"}],"predecessor-version":[{"id":81466,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81464\/revisions\/81466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81465"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}