The cryptocurrency market made its investors smile a little today. Leading cryptocurrency Bitcoin made a strong move up to the 45 thousand dollar limit. However, it remains unclear whether it can maintain this upward momentum. We looked at the long and short-term Bitcoin predictions of three master analysts. Even Crypto Capo, which we know as a chronic bear, expects further rises in the short term.
Bitcoin will reach ‘just under $200,000’ in 2025!
cryptokoin.comAs you follow from , the leading crypto has finally broken out of its tight range. For Bitcoin, which has reached the 45 thousand dollar limit, the analyst nicknamed Dave the Wave predicts a price of approximately 4X in the long term. By the way, it is worth noting that the analyst correctly predicted the crypto market crash in 2021. Analyst says Bitcoin will approach the $200,000 level in less than two years. In this context, Dave the Wave said, “According to this prediction, BTC will be just under $200,000 in 2025.” says.
The analyst bases this prediction on Bitcoin’s logarithmic monthly moving average convergence divergence (LMACD), an indicator of long-term momentum, and Fibonacci extension levels, which track potential support and resistance areas. Based on his chart, the analyst predicts that the LMACD indicator has BTC reaching a market bottom. Additionally, the chart shows that it is in an uptrend that will reach around $200,000 by October 2025.
Bearish analyst expects $50,000 in the short term for Bitcoin
Crypto Capo, which has recently put aside its collapse predictions for now, expects an increase in the short term. The analyst says that Bitcoin has reached between $44,000-45,000, in line with his expectations. He then states that his bullish forecast for the market is still valid. Meanwhile, BTC is likely to see a rejection from $45,000, where it is currently at the limit, according to the analyst. However, Capo predicts it will eventually reach $50,000. In this context, the analyst says:
BTC reached between $44,000-45,000, which I previously stated as a target. My bullish target for cryptocurrency is still valid. However, it’s possible it could see a rejection at $45,000. However, it should eventually reach $50,000. Meanwhile, altcoins will experience further rises.
The popular analyst’s target is 48 thousand dollars!
Finally, popular analyst Michael Van de Poppe looks at the leading cryptocurrency. The analyst predicts that the Bitcoin price will reach $48,000 before the planned halving in April. In this regard, Van de Poppe makes the following statement:
Bitcoin remains between levels. This means there is still a period of consolidation where I think Ethereum will start to perform better, especially if the upgrades are to be successful.
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