Bitcoin's Price Prediction: A $138,000 Potential, But Caveats Abound Bitcoin's price is seeing a surprising correlation with the US dollar, which is quite uncommon. New research suggests a potential price surge to $138,000 within three months, with a floor of $75,000. A network economist used historical data and current macroeconomic factors like high-yield interest rates to support this prediction. However, the analyst also points out that Bitcoin's recent price movements have been unusually tied to the dollar, and this correlation is likely to reverse. Overall, the prediction is bullish, but there are still significant risks and uncertainties to consider.
Sunday, April 20, 2025
Bitcoin Price Prediction Hints at $138k in 3 Months
Bitcoin's Price Prediction: A $138,000 Potential, But Caveats Abound Bitcoin's price is seeing a surprising correlation with the US dollar, which is quite uncommon. New research suggests a potential price surge to $138,000 within three months, with a floor of $75,000. A network economist used historical data and current macroeconomic factors like high-yield interest rates to support this prediction. However, the analyst also points out that Bitcoin's recent price movements have been unusually tied to the dollar, and this correlation is likely to reverse. Overall, the prediction is bullish, but there are still significant risks and uncertainties to consider.
Subscribe to:
Post Comments (Atom)
Crypto VC Firm Launches $25M Fund, Despite Market Cautions Metalayer Ventures, co-founded by ex-Chainlink execs, launches a $25M fund for early-stage blockchain projects. While Q1 VC funding increased, overall activity remains below past bull market peaks. #CryptoVC #Funding
Crypto VC Funding: A New Fund and Cautious Optimism Metalayer Ventures, a new crypto VC firm led by ex-Chainlink and Two Sigma ex...
-
Bitdeer Mines Its Own Path (and Bitcoin) Bitcoin miner Bitdeer is changing course, prioritizing its own Bitcoin mining operations ...
-
Crypto Firms Branch Out to Wall Street Cryptocurrency companies are increasingly venturing into traditional financial offerings, s...
-
Bitcoin's Price Prediction: A $138,000 Potential, But Caveats Abound Bitcoin's price is seeing a surprising correlation wi...
No comments:
Post a Comment