Bitcoin is finally showing signs of resurgence after much delay and deliberation. BTC has been slowly moving towards the $87K mark. Earlier, the token traded around $84K and struggled to break through the price threshold. As it stands, the token has risen 3% within the last 24 hour to $86K. BTC could reach a new high before the Q1, 2025 end. We’ll find out.
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Bitcoin: What’s Next?
Bitcoin was $86K as of press time. This is an increase by 3% from the previous 24 hours. The token was earlier valued at $87K but has since retracted a little, currently sitting at $86K. It had previously hit an all-time low price of $80K. This was mainly due to the recent rise in trade war stories that have been dragging down cryptocurrency. Bitcoin is also experiencing a surge now that markets are stabilizing, helping it to reach $86K.
Arthur Hayes said that Bitcoin would reach $110K before testing again for $76.5K.
“I bet $BTC hits $110k before it retests $76.5k. Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “Transitory inflation” JAYPOW told me so. I’ll expound on that in my next essay; that’s the TLDR for your TikTok peanut brain.”
You bet! $BTC Hits $110k and then retests at $76.5k.
Y? The Fed will switch from QT for treasuries to QE. The tariffs do not matter. “transitory inflation”. JAYPOW has told me that.
This is the TikTok Peanut Brain TLDR. I will elaborate on this in my next article.
— Arthur Hayes (@CryptoHayes) March 24, 2025
Talks of the US trading its gold for Bitcoin is also picking up pace. Senator Cynthia Lummis first proposed the idea, which helped Bitcoin’s price gain momentum.
🇺🇸 Senator Cynthia Lummis said the US Government should sell their gold and purchase Bitcoin. pic.twitter.com/cjZ0zMWHnD
— Watcher.Guru (@WatcherGuru) March 22, 2025
Anthony Pompliano has updated a recent post at X.com, explaining why investors should keep BTC. “ignore the noise” In the process.
Bitcoins have gone from Extreme Greed into Extreme Fear in the past year.
The asset’s price has increased by 20% in the same period.
Ignore it. pic.twitter.com/F1wTb0rdJr
— Anthony Pompliano 🌪 (@APompliano) March 10, 2025
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What is the future of Bitcoin?
You can also find out more about Per CoinCodexBitcoin’s price may rise to $116,000 before March 31st 2025.
CC predicted that BTC could reach a high of $118K before March 22nd 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 36.56% and reach $ 118,704 by April 23, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 45 (fear). Bitcoin recorded 13/30 (43%) green days with 4.80% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a bad time to buy BTC.”
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Source: watcher.guru
