 ▲ Bitcoin (BTC) |
Various predictions are pouring in about the future prospects of Bitcoin (BTC). RealVision macro expert Julien Wittel said Bitcoin is showing a parabolic pattern and suggested the possibility of reaching $240,000 by May 2025. He analyzed that the current boring sideways movement is a typical Bitcoin movement, adding that a new bull market will begin after a sharp correction and boring sideways movement.
Wall Street investment bank Bernstein said Bitcoin could reach $1 million by 2033 and is likely to rise to $200,000 in the 2025 cycle. Bernstein delivered more hopeful news to Bitcoin supporters and significantly raised the target stock price for Bitcoin mining company MicroStrategy.
Billionaire investor Chamas Palihapitiya predicted that Bitcoin could reach $500,000 next year. He said Bitcoin could completely replace gold, and noted that the trend of more and more countries using Bitcoin as currency is significant. At the same time, he emphasized that as trust and acceptance of Bitcoin increases, the possibility of price rise will further increase.
Famous American trader Peter Brandt predicted that Bitcoin will reach at least $130,000 by the end of 2025. He analyzed that the current trend is similar to Bitcoin's movement after the past halving, and explained that the peak of this bull market cycle is expected to occur in August-September 2025. This will serve as an important indicator that anticipates Bitcoin's long-term upward trend.
As various predictions about Bitcoin's future are presented, investors are paying attention to Bitcoin's potential upside. It remains to be seen whether these predictions will actually come true, but Bitcoin's future still looks bright.
