Bitcoin Price Big Prediction: Bull Market to Soar, First Stop $110,000?
Here comes the key point!
I heard that Bitcoin is about to welcome a big bull market, analysts say it could soar to $220,000 by 2025! But don’t forget, the central banks' decisions are coming soon, everyone needs to be prepared for price fluctuations.
Right now, those big players (whales) are holding $68 billion betting on Bitcoin. If the Federal Reserve, Bank of Japan, or Bank of England take action, the altcoin and Bitcoin markets might take off.
Bitcoin prices have been rising recently, but other altcoins are also starting to emerge, so the upward momentum is a bit slow. Bull traders have been liquidated for quite a bit, over $333 million, but that’s good, it paves the way for the upcoming rise.
It’s almost 2025, and the whales are bullish, with Bitcoin’s open interest reaching an all-time high, $68 billion!
In the coming days, big events are on the way! The Federal Reserve, Bank of Japan, and Bank of England will announce interest rates, and Bitcoin will have to move along with the altcoins. The Federal Reserve will announce the final data for 2024 tonight, reportedly lowering the interest rate to 4.50%. The Bank of Japan and Bank of England will also announce their rates on Thursday, let’s wait and see.
Looking at other things: the cryptocurrency market is really shifting, BTC and ETH are both falling, but PENGU and BGB are soaring rapidly, the market is adjusting.
So what’s next?
Cryptocurrency analyst Ali Martinez said that Bitcoin is about to enter a crazy phase of the big bull market, and everyone needs to be prepared for bigger challenges. He compared the current upward trend with those in 2017 and 2020-2021, feeling that the bullish atmosphere this time is more intense.
Analysts expect that Bitcoin might retest around $110,000, more around $125,000, and even more around $150,000, but eventually, later in 2025, it will soar to $220,000, and the bull market will come to an end.
For the upcoming layout direction, I will guide everyone to aim for the explosive profit opportunities in altcoins, especially those with high potential projects, with an expected space of over 10 times being no problem. If you want to make big money in the bull market, like + comment, and I will take you through the entire bull market!
