From a fresh BTC price dip as soon as April 16 to a retreat to $40,000 long-term, Bitcoin market observers weigh in on where the market is headed.
Predictions News
Bitcoin (BTC) price prediction is a precarious affair despite the host of analysts and investors hoping to make a profit. Bitcoin’s value is determined second-by-second, day-by-day by a market that never sleeps. As a cryptocurrency’s value is determined by an open market, this presents unique challenges around volatility that most currencies do not face. While cryptocurrency price prediction is an ever-moving target, market literacy is essential for someone to get the most value out of their participation in the crypto economy.
Without getting into the weeds of technical analysis, what most traders and market analysts are hoping to discern is the overall sentiment of the market, which falls into two basic categories:
- A bull market occurs when the price action appears to steadily increase. This is also known as a “pump,” as the influx of buyers increases the prices.
- A bear market occurs when the price action appears to steadily decrease. This is also known as a “dump,” as the mass sell-off results in the price going lower.
Price prediction and asset speculation is a high-risk venture, so stay tuned to Cointelegraph’s daily market analysis to better navigate the ebbs and flows of crypto.
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A widely used technical analysis indicator suggests that Bitcoin could double its price within three months.
12600While the halving is associated with Bitcoin bull cycles, the current rally is mainly driven by ETF inflows, argues Bybit’s Hao Yang.
20053While there are reasons to be “very bullish” on Q2, the sheer speed of the Bitcoin and crypto bull market may be cause for concern, says QCP Capital.
7830BTC price can more than double in price this cycle, thanks to Bitcoin ETFs, next month's halving, and easing monetary conditions.
32276Bitcoin analysis is counting down to a BTC supply squeeze unlike any other — one which should come within the next year.
20374Bitcoin faces its “biggest headwind” in the form of GBTC outflows, but the good times could be back for BTC price action after next week, predictions say.
19982Bitcoin has slid roughly 17.5% after establishing its record high, sparking debate on how much BTC price could drop in the coming days.
3321CFTC-regulated prediction market Kalshi will allow users to place bets on when Bitcoin will hit $100,000 and whether it will reach $150,000 in 2024.
8233BTC price records keep coming with $74,000 on the table in advance of another day's Bitcoin ETF inflows.
11364Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says.
97623Popular crypto YouTubers Austin and Aaron Aarnold share their tips to take the most out of the current bull market in an exclusive interview with Cointelegraph.
2669Bitcoin prices could reach $337,000 as the “upper bound” of the current cycle, according to popular BTC price analyst Willy Woo.
41776ARK has “brought forward” its expectations for where Bitcoin will be by 2030, as BTC price strength sees another all-time high in play into the weekly close.
25381Bitcoin has emerged from a mass accumulation phase in the past month — a classic move ahead of parabolic BTC price upside.
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