Analysts at Standard Chartered forecast that Bitcoin could reach $120,000 by the end of 2024 and $50,000 by the end of 2023. They believe that the halving will open up growth prospects for BTC.
Tom Lee, co-founder of Fundstrat, says that the launch of a spot Bitcoin #etf in the US could push the cryptocurrency to grow and reach $180,000 by 2024.
Mike Novogratz, CEO of Galaxy Digital, believes that Bitcoin could reach a record high of $500,000 by 2027 as more investors seek refuge from rising inflation.
Analysts at Standard Chartered forecast that Bitcoin could reach $120,000 by the end of 2024 and $50,000 by the end of 2023. They believe that the halving will open up growth prospects for BTC.
Tom Lee, co-founder of Fundstrat, says that the launch of a spot Bitcoin #etf in the US could push the cryptocurrency to grow and reach $180,000 by 2024.
Mike Novogratz, CEO of Galaxy Digital, believes that Bitcoin could reach a record high of $500,000 by 2027 as more investors seek refuge from rising inflation.
Technical analysis is a useful tool for predicting trends on charts. However, recently, many people have started trading using bots with pre-programmed technical analysis concepts. Below is an automated report on market trends and market direction at different time intervals in the future. This is a Bitcoin price prediction based on technical analysis; please conduct your own research and trade based on your own knowledge and abilities.
Price Chart
Bitcoin trading within the range $99,098.07 - $102,147.04
The SMA Line
Bollinger Bands
Relative Strength Index 0
Moving Average Convergence Divergence
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