Bitcoin Price Predictions

Auto Added by WPeMatico

German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review

by

Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under 10,000. AI chatbots predict Bitcoin’s year-end price could reach between $50,000 and $100,000. In Zambia, new guidelines may outlaw foreign currency use, imposing severe penalties … Read more

Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500

by

Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if critical support levels fail. “It’s a long way down,” he said. Regarding ether, Schiff predicted: “I think … Read more

Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year

by

Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential easing of Federal Reserve policies, and the impact of … Read more

Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August

by

Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining year-end and 2025 targets of $150,000 and $200,000, respectively. Bitcoin Surge Predicted Amid US Presidential Race Standard … Read more

Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins

by

Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, … Read more

Peter Brandt Predicts Bitcoin Bull Market With BTC Potentially Reaching $150,000

by

Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in late August or early September 2025, with the price of bitcoin potentially reaching $150,000. However, Brandt remains cautious, assigning a 25% probability that the cryptocurrency has already peaked this cycle. ‘The High of This Bull … Read more

Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman

by

Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price to $420,000. Ric Edelman’s $420K Bitcoin Prediction Ric Edelman, a financial … Read more

Standard Chartered: Second Trump Term Would Be ‘Broadly Positive’ for Crypto

by

Standard Chartered Bank predicts that a second term for the Trump administration would create a favorable regulatory landscape, leading to a positive outlook for the crypto sector. The bank has revised its forecast citing improved market sentiment after cautioning that bitcoin’s price could drop to the $50K range. Standard Chartered on Trump and Crypto Standard … Read more

Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

by

Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,” Hayes said, adding that he expects “prices to bottom, chop, and begin a slow grind higher.” Arthur Hayes’ Bitcoin … Read more