CFTC-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.
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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BTC price records keep coming with $74,000 on the table in advance of another day's Bitcoin ETF inflows.
11185Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says.
95896Popular 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.
2341Bitcoin prices could reach $337,000 as the “upper bound” of the current cycle, according to popular BTC price analyst Willy Woo.
40848ARK 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.
24171Bitcoin has emerged from a mass accumulation phase in the past month — a classic move ahead of parabolic BTC price upside.
17227Analysts expect Bitcoin price to breach $150,000 by the end of 2025, driven by the upcoming halving and the demand introduced by Bitcoin ETFs.
10129Bitcoin may be “up only” on short timeframes, but seasoned traders are already preparing for a blow-off BTC price top and subsequent bear market.
24841Bitcoin faces a sea of global bank bailouts in the coming years, Tuur Demeester believes — fueling a BTC price explosion to seven figures and beyond.
15024Bitcoin ETF inflows are shaping a BTC price transformation that could see it surpass its all-time highs in 2024.
20613Bitcoin volatility monitoring is calling for a dramatic upending of flat BTC price action within the coming days.
38174Bitcoin continues to field optimistic BTC price bets as the U.S. regional banking system appears to relive last year’s swoon.
7275Bitcoin bulls are gazing at the moon with the halving set to be a classic BTC price catalyst.
18169Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual.
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