• Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact
Friday, May 16, 2025
FinCurrency
No Result
View All Result
  • Home
  • News
  • Finance
  • Economy
  • Crypto
  • Home
  • News
  • Finance
  • Economy
  • Crypto
No Result
View All Result
FinCurrency
No Result
View All Result

How High Can Bitcoin Price Go By Year End

Andras Crow-Hreidar by Andras Crow-Hreidar
November 23, 2024
in Crypto, News
Reading Time: 2 mins read
A A
0
How High Can Bitcoin Price Go By Year End
0
SHARES
0
VIEWS
FacebookTweetPinShareShare

As we approach the end of the year, the crypto market is once again capturing the attention of investors worldwide. Bitcoin, the flagship cryptocurrency, is displaying promising signs of a significant breakout, fueling speculation and excitement among market enthusiasts. Analysts from Altcoin Daily have delved into Bitcoin’s impressive momentum, projecting a potential price surge to $250,000 by the end of 2025.

Bitcoin’s Psychological Milestone and Projected Growth

Currently, Bitcoin is hovering near the pivotal $100,000 mark, a psychological threshold that could serve as a springboard for further gains. The anticipation is tangible, with predictions suggesting that Bitcoin could reach $125,000 by Christmas. This forecast underscores the heightened investor interest and the wave of new adoptions expected before the year’s end. The question on everyone’s mind is whether a Santa rally is on the horizon. Let’s explore the factors influencing this potential uptrend.

blockdag 70m

Trump’s Bitcoin Push Spurs Optimism

A significant catalyst for the current rally is former President Donald Trump’s pro-crypto stance. Trump has proposed establishing a strategic Bitcoin reserve, akin to the Strategic Petroleum Reserve, leveraging the government’s existing cache of over 200,000 Bitcoins from asset forfeitures. Additionally, his plans to replace SEC Chair Gary Gensler with a crypto-friendly leader and appoint a White House crypto policy advisor indicate a considerable policy shift. These moves have sparked a wave of optimism in the market, with institutional interest gaining momentum. Analysts are now forecasting that Bitcoin could soar to $180,000 within the next 18 months.

What’s Fueling Bitcoin’s Parabolic Rally?

The parabolic rally of Bitcoin is still in its infancy, but the trends point to sustained bullish momentum in the months ahead. Investors are eagerly monitoring the $100,000 milestone, with expectations of a breakthrough if Bitcoin remains above $93,500. This could mark the next phase of its rally. Meanwhile, the introduction of Bitcoin ETFs is applying consistent buying pressure from retail investors, while the diminishing supply on exchanges is further constricting availability. Charles Edwards, a notable analyst, highlights that Bitcoin enters a parabolic growth phase approximately every four years, with the next phase anticipated once Bitcoin surpasses the $100,000 threshold.

A $250K Target: Is It Realistic?

The ambitious projection from Medify CEO Frank envisions Bitcoin reaching $250,000 by 2025 and potentially climbing to $500,000 by 2027. This forecast is driven by increasing nation-state adoption, Bitcoin’s growing role as a store of value, and rising institutional interest. Frank emphasizes that every market dip now presents a golden buying opportunity, as the market’s trajectory appears decisively upward. While immediate crash signals are not evident, investors are advised to remain vigilant regarding market movements. Each dip in Bitcoin’s price could serve as a strategic entry point for substantial gains over the next 18 months.

Tags: AltcoinsBitcoinPrice Analysis
Previous Post

Could This Spark A Move Beyond $100,000?

Next Post

Dogecoin Price Chart Flashes Clean Bull Flag At $0.38, Here’s The Next Target

Andras Crow-Hreidar

Andras Crow-Hreidar

Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.As a journalist, I'm committed to providing my readers with accurate and reliable reporting. I believe that access to high-quality information is essential for making informed decisions, whether it's about personal finances or investments. When I'm not writing about finance, I enjoy a variety of hobbies and interests.

Next Post
$3 By January? Crypto Analyst Reveals Why The Dogecoin Price Is Primed For A Surge To $20

Dogecoin Price Chart Flashes Clean Bull Flag At $0.38, Here's The Next Target

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Popular News

  • How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    How BlockDAG’s Community-First Strategy Raised $68.3M in Presale; Cardano To Roll out New Update & Solana Price Prediction Bullish

    0 shares
    Share 0 Tweet 0
  • Top 10 Altcoins Under $1 to Invest in 2025

    0 shares
    Share 0 Tweet 0
  • Alex Mashinsky Net Worth: From Tech Pioneer to Legal Battle

    0 shares
    Share 0 Tweet 0
  • How to Earn Passive Income? Embrace the Future of Passive Income and Earn 20% Instant USDT with Caged Beasts Coin

    0 shares
    Share 0 Tweet 0
  • Vanguard Routing Number: How to Find and Use It

    0 shares
    Share 0 Tweet 0

Recent News

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025
FinCurrency Logo White Mode Retina Mobile

FinCurrency is a user-friendly platform that stands out as a unique source where our strong team of experienced and academically qualified writers, who are experts in their fields, analyze current issues and global affairs related to the finance and crypto world in an enjoyable and non-technical approach.

$12k Void Opens Up Possibility Of Crash Toward $75,000

$12k Void Opens Up Possibility Of Crash Toward $75,000

January 11, 2025
Phishing, Fake Mining Scams, and $474K Loss in One Week

Phishing, Fake Mining Scams, and $474K Loss in One Week

January 11, 2025
3 kleine crypto’s met potentie

3 kleine crypto’s met potentie

January 11, 2025
Unbelievable 1000x Return in Just 12 Hours!

Crypto Whale Bags $4.9M in Profit with Solana’s AI Meme Coin

January 11, 2025

WARNING:

The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.
Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

  • Home
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Team
  • Contact

© 2024 FinCurrency - Global News

No Result
View All Result
  • Home
  • News
  • Economy
  • Finance
  • Crypto
  • Technology
  • Terms and Conditions
  • Contact

© 2024 FinCurrency - Global News

Banner 1
Banner 2
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Terms and Conditions.