Short-Term Prediction (May 20, 2024) According to our current analysis, Bitcoin’s price is expected to rise by approximately 30.89%, reaching $84,875 by May 20, 2024. The current sentiment is bullish, and the Fear & Greed Index stands at 72 (Greed). Over the last 30 days, Bitcoin has recorded 17 out of 30 green days, with a 4.09% price volatility1. Keep in mind that this information is not investment advice; always seek professional consultation before making any financial decisions. Long-Term Projections (2025–2030) Based on historical price movements and considering Bitcoin’s halving cycles, here are the yearly low and high price predictions for Bitcoin:
By 2025, Bitcoin could potentially gain 146.24% from today’s price if it reaches the upper target. Similarly, by 2030, it might achieve a remarkable 372.30%increase Additional Insights Recently, Standard Chartered, a leading British multinational bank, raised its BTC prediction to $100,000–$120,000 by the end of 2024, citing increased profits for BTC minersTechnical analysis indicators suggest that Bitcoin’s 200-day Simple Moving Average (SMA) will rise to $54,055 by May 20, 2024, while the short-term 50-day SMA is estimated to reach $73,248 Remember, the cryptocurrency market is dynamic, and predictions are subject to change. Always stay informed and make investment decisions wisely! 💡 #Write2Earns#BitcoinPricePredictions#bitcoin#BitcoinHodlers $BTC 1of30