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Home»Bitcoin»Bitcoin (BTC), It’s Forecast To Reach $150K. Here is When.

Bitcoin (BTC), It’s Forecast To Reach $150K. Here is When.

Bitcoin By Gavin10/09/2024
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1710859744 ChatGPT Predicts Bitcoin BTC to Hit 250000 Post Halving
1710859744 ChatGPT Predicts Bitcoin BTC to Hit 250000 Post Halving
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Bitcoin (BTC), world’s biggest cryptocurrency, was on an up-and-down rollercoaster all week. King coin experienced several gains, followed by significant drops. However, the half-off has altered predictions for 2018. Some investors stuck to the $90,000. Others were more ambitious.

Please Read This: Musk’s Dogefather Skit Recall Sparks Dogecoin’s 6% Rise: $0.22 Next?

Bitcoin’s recent performance and future predictions

Source

Bitcoin’s price has recovered slightly throughout the day after a significant drop. King coin fell by over 4% in the last week. At the time of publication, this asset traded at $57,115.08 after a 3.21 % increase. BTC has risen from a low $54,848 up to almost $58,000.

Prices are at an all-time High

BTC has fallen 22% from its previous high, which was $73,750. It will take a great deal of effort to get the asset to its next level. Bitcoin’s value must increase by 162.63% according to the calculations.

Please Read This: Ripple Rally Incoming as Analyst Says XRP’s in Best Position Since 2017

Bitcoin: When will it reach $150,000?

Brandt’s new chart shows that Bitcoin could still stage a parabolic increase despite its current slump. Brandt, a prominent trader, believes that Bitcoin’s peak will be around $150,000 by late 2025.

What other experts have predicted

Brandt is not the first to make a similar prediction. Standard Chartered made a similar prediction earlier this year. announced BTC’s value could reach a peak of $150,000. The analysts also predicted that BTC would reach $250,000 next year.

Prices for 2025

Changelly’s data suggests that Bitcoin could reach $100,000 by 2025. According to a study of previous Bitcoin prices, it is estimated that the price will reach $121,440.85 by 2025.

Bitcoin’s price could reach as high as $145,871.41. The average price of Bitcoin in 2025 could be as high as $124,947.50.

Source

Please Read This: Will Trump vs Harris Debate Affect Bitcoin’s September Price Pace?

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: watcher.guru

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