2024 Bitcoin Post-Halving Price Predictions by Experts
Here are some of the crypto industry’s best and brightest weighing in with their bullish Bitcoin predictions:
The $150k - $250k Predictions
Michael Novogratz, CEO of Galaxy Digital, predicts that Bitcoin's price could reach $150,000 by April 2024, based on growing institutional adoption, increasing demand from younger generations, and reduced supply post-halving.
Anthony Scaramucci predicts Bitcoin will hit at least $170,000 in the 18 months post-halving, based on historical price performance, with Bitcoin tending to quadruple after previous halvings.
Tom Lee, Managing Partner at Fundstrat Global Advisors, aligns with Novogratz's $150,000i prediction, basing his forecast on market trends, increased demand amid limited supply post-halving, growing interest in Bitcoin ETFs, and Bitcoin's intrinsic qualities.
Mark Yusko, CEO of Morgan Creek Capital Management, believes Bitcoin could reach $150,000 by the halving, following a path similar to Bitcoin Cash, with less leverage and parabolic price action.
Adam Back took a bet previously that Bitcoin would hit $100k by 31 March 2024 (but that didn’t happen).
Uber-bullish Billionaire investor Tim Draper has predicted that Bitcoin will reach $250,000 in 2024, based on the cryptocurrency's potential.
Bloomberg Intelligence has forecasted Bitcoin to reach $100,000 by 2025, according to their cryptocurrency report.
Respected analyst Peter Brandt predicted that the price of Bitcoin could go as high as $200,000 by September, a 66% increase from his previous estimate of $120,000.
The Moonshot $1 Million+ Calls
Cathie Wood's ARK Invest has projected that Bitcoin could surpass $1 million in the long term, as outlined in their Big Ideas report.
Plan B, a prominent Bitcoin analyst, regularly shares price analyses and predictions on Twitter, ranging from $100,000 to $1 million.
Robert Kiyosaki, author of "Rich Dad Poor Dad," frequently shares his view that Bitcoin could reach $500,000 in interviews and on Twitter.
Source: CoinMarketCap