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.
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Bitcoin’s recent performance and future predictions
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.
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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.

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Source: watcher.guru

