Bitcoin Reaches $170,000?! Check out the analysts' predictions!
It will be the fourth time in 2024Bitcoin's “half-life” (expected to occur in the mid-April to late April range)It is expected to have a positive impact on crypto assets (virtual currency), and analysts will do so by the middle of next year$150,000 to $200,000Prices are expected to soar until now.
● According to BlockBeats,BernsteinAnalysts say that since Bitcoin, which is the world's largest crypto asset, hit a record high this year, Bitcoin (BTC)Expected to reach $150,000 by mid-2025. Analysts also predicted that Bitcoin “has a strong upward trend” after its half-life,mining enterpriseDespite the decline in stock prices, bullish predictions for some mining stocks were maintained.
Analysts Gautam Chhugani and Mahika Sapra pointed out that “most Bitcoin mining stocks are traded by individual investors, and large-scale investments by institutional investors have not yet been carried out.”
Bernstein maintained a target price of 150,000 dollars for Bitcoin since there is no sign that the pace of inflow of funds into exchange-traded funds (ETFs) linked to actual goods will slow down.
●Major Bank of EnglandStandard CharteredOn 23/4/24, he pointed out that the “winter era” of crypto assets (virtual currency) was over, and BitcoinIt will reach $100,000 by the end of '24I said there is a possibility.
● Meanwhile, a research companyFundstratis$11.6 million to $13.7 millionThe target range up to was set.
●Major US hedge fundsSkyBridgeAccording toUntil 2025/4Bitcoin toReaches 170,000 dollarsI anticipate that.
●Technical analysis research companyFairlead StrategiesAnalyst Katie Stockton of (Fairlead Strategies) said that the target price for the medium term is Bitcoin80,000 dollarsI pointed out that there is a high possibility that it will be achieved.
●JMP Securities(JMP Securities) said in a research report on 3/13, “Bitcoin ETFs are expected to have a maximum inflow of funds of 220 billion dollars in the next 3 years, and considering the multiplier effect (new demand will expand in a chain), the Bitcoin (BTC) price is close to 4 times the current one$280,000There is a possibility that it will rise to,” he said. Furthermore, JMP analysts say that if the forecast for capital inflows is correct, crypto asset (virtual currency) exchanges $Coinbase(COIN.US$It was stated that it would maintain an advantageous position, and the target stock price$220 to $300I raised it to.
● Meanwhile,JP Morganis from last week's report,The Bitcoin ETF market could grow to around $62 billion in the next two or three yearsIt is stated.
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Source: CoinDesk Japan, Binance, CryptoNews
— MooMoo News ZOE
This article uses automatic translation for some of its parts
RELATED ARTICLES
What are the types of stock that will be able to reap the impact of the explosion in the world
Bitcoin bulls expect to reach $100,000 by the end of the year
3 rising cryptocurrencies related stocks! Bitcoin hits an all-time high, does Mr. Trump “enjoy” it too?
Source: CoinDesk Japan, Binance, CryptoNews
— MooMoo News ZOE
This article uses automatic translation for some of its parts
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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徒然草子 : I only have a small amount of BTC and altcoins.
The altcoin SUI hasn't experienced a bubble period yet, and since it's a shiny coin with no stains on it, I'm looking forward to future growth.
徒然草子 : It's already 70,000 dollars.
Since it's a money jab jab, I wonder if they'll go even higher (delusion)