Bitcoin's current market structure is similar to its setup before reaching its all-time high in November 2021, suggesting a potential bullish trajectory for the leading cryptocurrency, according to crypto expert Credible Crypto, who believes a breakout from the accumulation range could lead to a 120% rally and new all-time highs this year. However, a drop below $24.8k would invalidate this prediction.
Google Bard predicts that the price of Bitcoin in the next bull market is uncertain but likely to be significantly higher than the current price, with some analysts suggesting it could reach $100,000, $200,000, or even $1 million by 2024. However, the ultimate price will depend on various factors such as the global economy, institutional adoption, and regulatory environment.
Dogecoin could reach $0.10 or even $0.20 in the next crypto bull market, with experts providing varying predictions for the end of 2023 and 2025.
Ethereum may have reached a bottom in the bear market and is expected to break out from an ascending triangle pattern, according to crypto strategist Credible Crypto, who predicts a consolidation between $1,600 and $2,000 for the rest of the year before a surge in early 2024. However, they also hold a bearish view for ETH/BTC in the short term.
Bitcoin price reaches a 2-month low, but crypto analyst Michaël van de Poppe predicts a positive change in the future due to market cycle theories and the upcoming Bitcoin halving in 2024, potentially reaching a price of $50-55K pre-halving.
Bitcoin might experience a period of stagnation followed by a potential peak at $200,000 by the end of 2025 or early 2026, according to a crypto analyst, although short-term prospects for Bitcoin appear challenging due to a comparison with the 1930s stock market and oversold condition.
Bitcoin remains on track for a massive bull cycle despite recent price decline, as indicated by broader indicators of its price patterns and the use of logarithmic growth curves. The 200-week moving average is seen as less significant as a key price support level for Bitcoin, and the analyst is also looking for an entry point for Ethereum.
The current Bitcoin cycle appears to be lining up with previous cycles, showing similarities in the bear market drawdown phase and the convergence of prices after crashes, suggesting that more drawdown may be coming for the price.
Google AI's prediction model, Bard, suggests that the price of Ethereum could reach $3,000 or even $10,000 in the next crypto bull market, driven by the development of decentralized finance (DeFi) and the metaverse; however, regulatory uncertainties and security vulnerabilities pose risks that could hinder Ethereum's growth.
Bitcoin is predicted to reach a price of $148,000 after the next halving in April 2024, according to Pantera Capital, which manages $3.5 billion worth of assets, and notes that recent events such as the XRP ruling and endorsements by BlackRock are likely to contribute to the next bull market for digital assets.
Bitcoin (BTC) is expected to enter a rangebound phase until at least Q4 2023, according to market participant Filbfilb, who predicts that miners and speculation around the halving event will drive prices higher later in the year. However, macroeconomic risks, such as the Federal Reserve's policies, remain a key factor that could impact Bitcoin's performance.
Bloomberg Intelligence's senior macro strategist predicts a near-term bearish trend for Bitcoin, citing its failure to exhibit strength in a deflationary environment, but anticipates that it will eventually reach $100,000.
Bitcoin's recent correction and regulatory news have caused a wave of selling, but analysts from JPMorgan believe that the sell-off may be nearing its end phase, with limited downside predicted for the crypto market in the near term.
With millions of investors potentially experiencing their first crypto bull run, experts emphasize the importance of having a clear investment plan, avoiding memecoins, implementing dollar-cost averaging, and balancing investments between speculative and mature cryptocurrencies.
Bitcoin's price is closely linked to stock prices and has seen significant growth, outperforming Amazon over a 12-year period, according to Bloomberg analyst Mike McGlone; however, he is skeptical about its move into the mainstream and warns of potential price declines when the masses invest. Other analysts speculate on Bitcoin's price, with predictions ranging from a dip to $23,500 to exceeding $30,000 by year-end. McGlone is known for identifying unique trends in Bitcoin, and JPMorgan suggests that the recent crypto asset selloffs are mostly over.
There is a possibility that digital assets may not witness another bull market, according to a crypto strategist who is growing skeptical of the market's potential for a bullish reversal this time around, citing a lack of real-world use cases and the failure to deliver on promises. However, another investor remains confident that a crypto bull market is coming, predicting a potential decline in prices before a new bull market begins.
The US Federal Reserve's actions will determine the start of the next Bitcoin bull market, depending on their monetary policy decisions and willingness to hold interest rates higher for longer.
Cryptocurrency industry observers argue that Bitcoin is not in its longest bear market and may not even be in a bear market at all, as the definitions of bull and bear markets are subjective and can vary based on different interpretations. Some believe that Bitcoin has been in a bear market since its peak in November 2021, while others argue that Bitcoin has been in a continuous bull market since 2019.
A trader predicts that Bitcoin will reach a new all-time high before the end of 2023, with the possibility of a 157% rally from the current level.
Bitcoin is likely to experience a deep corrective move in September, with a potential drop of over 10% from current levels, according to crypto strategist Benjamin Cowen, who also suggests that the altcoin markets may see a resurgence next year due to a confluence of macro tailwinds.
Bitcoin may experience a bull market if a spot-based Bitcoin exchange-traded fund (ETF) is approved around the time of the next halving, leading to a supply and demand shock in the cryptocurrency market.
Despite the current market conditions, a crypto strategist believes that Bitcoin (BTC) could experience a significant upward movement, potentially forming a bullish higher-low setup after a possible drop to around $23,600.
Bitcoin has been on a bull run since the Federal Reserve's $25 billion program to stabilize the US banking system, according to BitMEX co-founder Arthur Hayes, who predicts that the market will respond in the next six to 12 months.
Bitcoin continues to trade below $26,000, with the crypto market experiencing a sideways trend, while Deribit's options segment saw increased trading volume in August.
Bitcoin is expected to experience a corrective move before resuming its bullish momentum and potentially surpassing its previous highs, according to a pseudonymous analyst who accurately predicted the lowest price of the cryptocurrency during the 2018 bear market.
Bitcoin's four-year cycles may not be directly linked to halving events, as an alternative theory suggests that they are more closely correlated with the global M2 money supply and macro patterns. However, analysts still anticipate a rally and new bull cycle following the next Bitcoin halving event in late 2024.
Bitcoin is predicted to reach $22,000 due to worsening investor sentiment and the impact of lawsuits against Binance and Coinbase, while BitMEX co-founder Arthur Hayes claims the bull market began in March.
Bitcoin (BTC) could reach $35,000 by the end of 2023, according to veteran analyst Filbfilb, who also predicts a potential price dip to the low $20,000 range before a reversal in Q4 and a price target of $46,000 by the 2024 halving. He believes that altcoins like XRP and Dogecoin (DOGE) could perform well in the next cycle.
Bitcoin is predicted to enter a "mid-cycle lull" before starting a bull run in late 2024, according to a new price model, with the date of November 28th identified as a key pivot point in the year.
US-based institutional investors are showing increasing bullish pressure on Bitcoin, as indicated by rising buy pressure and spot trading volumes, potentially leading to a price rally towards $28,000 if the trend continues.
Bitcoin is predicted to experience another major dip before entering a new bull cycle, according to crypto analyst Benjamin Cowen, who believes the dip could form a double bottom pattern, a lower low, or a higher low depending on the timing.
The global Bitcoin Bank market is expected to experience significant growth between 2023 and 2030, with the market value projected to reach multimillion dollars by 2030.
Bitcoin's weak performance and its potential "double top" structure raise concerns of more downside, with predictions of new local lows; however, there are indications that Bitcoin may experience a major shakeout before rebounding to "fair value" and the 200-week EMA near $25,600 may offer some optimism; debate ensues over the possibility of Bitcoin filling the $20,000 CME futures gap; liquidity levels on BTC/USD markets continue to increase, adding to bearish predictions; ahead of the Federal Reserve meeting, the United States Consumer Price Index (CPI) data release on September 14 brings potential volatility to the market and may impact crypto market expectations.
Bitcoin's vulnerability to contracting global liquidity is highlighted by Bloomberg Intelligence's crypto market analyst Jamie Coutts, who suggests that the cryptocurrency will only turn bullish when global liquidity levels expand, warning that it is unlikely to rise until liquidity reverses and anticipating that institutional investors will only show significant demand for digital assets once liquidity rises.
A crypto analyst has shared a "cheatsheet" for predicting Bitcoin price movements ahead of the next halving, suggesting that BTC's current prices are within the expected pre-halving range and that a post-halving rally is likely.
Summary: Multiple central bank meetings are expected to take place next week, with the ECB already announcing a dovish rate hike, while oil prices continue to rally due to supply restrictions, gold is recovering ahead of the Fed meeting, and Bitcoin is struggling to regain momentum.
Bitcoin has the potential to rally and reach a new high in 2023, according to an analyst, who also states that the current price action looks constructive after a period of downward trend.
Bitcoin and other cryptocurrencies have seen a rise in price as traders anticipate a potential macroeconomic catalyst that could lead to a significant movement in the market.
Bitcoin and other cryptocurrencies saw a rise in value as traders placed bullish bets ahead of the Federal Reserve's interest rate decision. However, these bets might be premature.
Crypto strategist Benjamin Cowen predicts that Bitcoin will experience a short-term rise to test its bull market support band before resuming its downward trend, potentially falling below $20,000, although he believes it could eventually break through the band and enter a sustained bull market.
Crypto strategist Credible Crypto suggests that Bitcoin could dip to around $24,900 but still remain on track for a bull market cycle, and he is closely monitoring Bitcoin options open interest as an indicator for the market bottom.
The next crypto bull run will be different from the last one, as corporate interest in blockchain technology will drive gradual growth rather than a sudden surge in prices, according to Lars Seier Christensen, founder of Concordium. However, there are differing opinions, with some experts believing that we are already in the initial stages of a bull market.
