Popular crypto strategist Rager said, Bitcoin roadmap on how the price can reach $83,000 in the long term shared. The first stop that attracted attention on the analyst’s road map was the prediction that the price would reach $ 50,000 by next month.
Rager predicts that there will be a sharp correction towards the $30,000 level after the big rise as BTC approaches the 2024 halving. As we reported as Koinfinans.com, the “halving”, in which the rewards will be halved, seems to take place in April 2024.
According to Rager, Bitcoin will continue its rise towards its all-time high of $83,000 by 2025 after the halving.
$48,000 by mid-January, followed by a pullback to mid/below $30,000. Post-halving rally, new high in late 2024. Peak price in early/mid 2025. The bull market ends in the 3rd quarter of 2025.
NEWS CONTINUES BELOW
At the time of writing, BTC was trading at $41,433, up over 11% in the past week.
Continuing his predictions with the leading altcoin Ethereum, Rager thinks that the leading altcoin is ready to rise towards its upward target of $ 2,500.
ETH has been slowly gaining strength over time. Finally, the price is likely heading towards $2,500 as a nice target. It was a nice move this weekend but I’m not always a fan of weekend pumps.
