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Author: Admin | 2025-04-28
Projections suggest that if it aligns with past trends, its price could range between $104,000 and $124,000 by the end of 2024, resulting in performance multiples of 2.48x to 2.94x. Related With institutional adoption gaining traction and discussions around the U.S. government potentially adding Bitcoin to its strategic reserves, a strong close to 2024 is anticipated, setting the stage for sustained momentum into 2025.Crypto analysts are mostly bullish on Bitcoin. Peter Brandt predicts BTC price to climb as high as $135,000 in 2025.Here is the macro picture of Bitcoin $BTCObservations:-Huge gains come in post-half of halving cycles-Period since Mar 2024 appears as insignificant, brief pause in ongoing trend-My target is $135,000 in Aug/Sep 2025-Close below $48K negates my chart analysis pic.twitter.com/niptj2Umu7— Peter Brandt (@PeterLBrandt) October 9, 2024 Seasoned investor Ari Paul estimates the potential growth to $125,000 during this cycle.In a Bitcoin report released on Nov. 21, VanEck analysts projected that the next crypto bull market is "just beginning." They cited a more favorable regulatory landscape in the U.S. and increasing institutional adoption as key factors that could propel Bitcoin (BTC) to $180,000 within the next 18 months.Several factors could drive Bitcoin’s continued ascent, including the anticipated deregulation in the U.S. Additionally, further reductions in the Federal Reserve’s key interest rate could create a more favorable environment for speculative assets like Bitcoin.Another factor is the increasing institutional adoption, with fresh capital flowing into crypto-focused ETFs. Seasonal trends, such as the market's typical December rally, might also contribute to Bitcoin and broader crypto sector gains as they outpace traditional indices.It’s important, however, to remember that every bull run has its ups and downs. As highlighted by Peter Brandt, a major correction can take place in spring 2025.
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