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Bitcoin is poised for further recovery as the cryptocurrency market gears up for new price momentum. With institutional adoption of Bitcoin already raking in new highs, the altcoin market saturation is also up for overhaul, with predictions of an imminent altcoin pump spreading like wildfire in the space. Also Read: Bitcoin Breakout Ahead? Musk’s Party Might Just Trigger It Bitcoin Price Prediction: Analyst Says a New Target Is Set In Source: Watcher.Guru Per a notable cryptocurrency analyst, Merlijn the trader, Bitcoin is already eyeing a new price target at present. Per the expert, Bitcoin’s chart is displaying a falling wedge and bull flag. This development underlines Bitcoin’s next price push, which can help the token surge beyond the $130,000 price mark. Merlijn later emphasized the importance of BTC’s breaking point, adding how BTC’s movement is structurally aligned, helping it hit $140,000 as its next big target: “Bitcoin just broke out of both a falling wedge and a bull fl...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

A closely followed crypto analyst is predicting where the price of Bitcoin (BTC) and Solana (SOL) will peak during the current market cycle. In a new video update, the host of InvestAnswers tells his 552,000 YouTube subscribers that he’s expecting the top crypto asset by market cap to soar by at least 43% from current levels before the bull market expires. “I’ve upped my Bitcoin price target to $136,000 from $120,000 with a super bull target of $154,000… Bitcoin is a peculiar animal – it’s all based on demand and supply. If the demand continues as it does, yes, these targets are very easily achievable, which is hard to believe. If you [were to] ask me this in 2023, I’d say ‘Whoa that’s bullish.’ Also, I do believe the spot ETFs (exchange-traded funds) will continue to add at least another $48 billion in 2025. That’s how much they added in 2024.” According to the analyst, the crypto king should peak some...

Dogecoin (DOGE) celebrated its 11th birthday on Friday and was immediately welcomed with bullish predictions for its future. Multiple market watchers are bullish on DOGE, predicting new gains come January. One crypto trader in particular revealed a significant rise they predict to come soon, a “violent surge” for DOGE in fact. The asset has had a bullish month, climbing 120% in the last 30 days, and is hoping to continue that for the rest of 2024. The Moon Show, a crypto analyst, noted that DOGE is consolidating within a pattern and anticipates a “nice breakout.” The analysts has set a price target of $0.6350 for the dog-themed cryptocurrency. Bluntz, another prominent trader, reiterated his earlier bullish DOGE forecast. Bluntz predicts a “violent upside move” once DOGE breaks out of its three-week accumulation phase. Dogecoin To Ride “Violent Surge” to $1 and Beyond? The cryptocurrency market has witnessed a major transformation over the...

Investment manager VanEck, one of the bullish institutional investors in Bitcoin (BTC), believes the maiden cryptocurrency is on track to surpass the $1 million valuation in the coming years. Specifically, the firm’s Head of Digital Assets Research, Matthew Sigel, projects that VanEck’s model will have Bitcoin trading at $3 million by 2025 when the digital currency will transition into a global reserve asset held by central banks, he said during an interview with CNBC’s Squawk Box on October 28. According to Sigel, this projection hinges on Bitcoin achieving a modest 2% allocation within global reserves. He emphasized that this scenario might sound extreme but is based on a realistic 16% compound annual growth rate over a few decades. Picks for you Bitcoin is ‘under Vampire attacks’ warns crypto analyst ...