bitcoinpricealert
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🚀🔮 ANALYSTS PREDICT 1$ MILLION BITCOIN PRICE BY 2033 🔮🚀
Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said.
📈 Bullish Bitcoin Price Prediction:
Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price prediction on Friday while initiating coverage of the bitcoin-focused software intelligence firm Microstrategy (Nasdaq: MSTR). They believe BTC could reach $1 million by 2033 and forecast a cycle high of $200,000 by 2025, up from their previous estimate of $150,000.
Revised Forecasts:
2025: $200,000 (previously $150,000)
2029: $500,000
2033: $1 million
🔍 Key Factors Driving the Prediction:
The analysts largely attribute their bullish price forecast to the strong demand from spot bitcoin exchange-traded funds (ETFs).
Spot Bitcoin ETFs:
Impact:
US-regulated ETFs are seen as a watershed moment for crypto, bringing in structural demand from traditional pools of capital.
Projections:
By 2025, bitcoin ETFs are estimated to hold about 7% of the BTC in circulation, increasing to 15% by 2033.
⚒ The Bitcoin Halving Effect:
The Bernstein analysts explained that the Bitcoin halving creates a unique scenario where the natural sell-pressure from bitcoin miners is reduced by half, or even more as they hold onto more bitcoin in anticipation of higher prices. Simultaneously, new catalysts for bitcoin demand emerge, leading to exponential price increases.
🌟 New Bull Cycle:
Reduced Miner Sell-Pressure: Miners hold onto more BTC in anticipation of price increases, reducing sell-pressure.
Emerging Demand Catalysts: New factors driving bitcoin demand appear, leading to significant price growth.
Analysts' View: "We believe bitcoin is in a new bull cycle."
#bitcoin #btc #bitcoinpricealert #BinanceTournament
$BTC $ETH $PEPE
Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said.
📈 Bullish Bitcoin Price Prediction:
Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price prediction on Friday while initiating coverage of the bitcoin-focused software intelligence firm Microstrategy (Nasdaq: MSTR). They believe BTC could reach $1 million by 2033 and forecast a cycle high of $200,000 by 2025, up from their previous estimate of $150,000.
Revised Forecasts:
2025: $200,000 (previously $150,000)
2029: $500,000
2033: $1 million
🔍 Key Factors Driving the Prediction:
The analysts largely attribute their bullish price forecast to the strong demand from spot bitcoin exchange-traded funds (ETFs).
Spot Bitcoin ETFs:
Impact:
US-regulated ETFs are seen as a watershed moment for crypto, bringing in structural demand from traditional pools of capital.
Projections:
By 2025, bitcoin ETFs are estimated to hold about 7% of the BTC in circulation, increasing to 15% by 2033.
⚒ The Bitcoin Halving Effect:
The Bernstein analysts explained that the Bitcoin halving creates a unique scenario where the natural sell-pressure from bitcoin miners is reduced by half, or even more as they hold onto more bitcoin in anticipation of higher prices. Simultaneously, new catalysts for bitcoin demand emerge, leading to exponential price increases.
🌟 New Bull Cycle:
Reduced Miner Sell-Pressure: Miners hold onto more BTC in anticipation of price increases, reducing sell-pressure.
Emerging Demand Catalysts: New factors driving bitcoin demand appear, leading to significant price growth.
Analysts' View: "We believe bitcoin is in a new bull cycle."
#bitcoin #btc #bitcoinpricealert #BinanceTournament
$BTC $ETH $PEPE
Shoulder pattern
Now Bitcoin going to down up to previous lowswing. Now market momentum is bearish.
#bitcoin #bitcoinpricealert #BTC
Now Bitcoin going to down up to previous lowswing. Now market momentum is bearish.
#bitcoin #bitcoinpricealert #BTC
🚀 BITCOIN WILL HIT $1 MILLION BY 2030 🚀 so JACK DORSEY!
🤑 Big news from Jack Dorsey, the co-founder of Twitter! He's throwing out a bold prediction that Bitcoin's price could soar to at least $1 million by 2030. And he doesn’t stop there—he thinks it could climb even higher!
💬 In a recent chat with journalist Mike Solana on Pirate Wires, Dorsey shared his optimism about Bitcoin's future. He mentioned that while the price jump is exciting, the real thrill comes from the Bitcoin community. According to him, everyone involved—from those who work on its tech to those investing in it—is boosting the whole ecosystem, pushing its value up.
🌐 Dorsey also opened up about his recent exit from the board of BlueSky, a project he kicked off as a decentralized alternative to Twitter. He expressed some disappointment, noting that BlueSky is starting to mirror the very issues he hoped to avoid, like centralization and the push for more control over content.
🔗 He’s now supporting Nostr, a platform he feels truly upholds the principles of decentralization and free speech. (that's what Dorsey believes.. I am not so sure exactly).
💸 On the business side, Dorsey’s company, Block, plans to reinvest 10% of its gross profit from Bitcoin ventures back into buying more Bitcoin every month. This move underscores his commitment to Bitcoin's growth.
👀 With all the developments, Dorsey remains a major voice in tech and finance, watching closely as his predictions and investments unfold over this decade.
- Professor Mende out!
#bitcoin #btc #bitcoinpricealert #PricePredictions2024 #crypto
$BTC $ETH $SOL
🤑 Big news from Jack Dorsey, the co-founder of Twitter! He's throwing out a bold prediction that Bitcoin's price could soar to at least $1 million by 2030. And he doesn’t stop there—he thinks it could climb even higher!
💬 In a recent chat with journalist Mike Solana on Pirate Wires, Dorsey shared his optimism about Bitcoin's future. He mentioned that while the price jump is exciting, the real thrill comes from the Bitcoin community. According to him, everyone involved—from those who work on its tech to those investing in it—is boosting the whole ecosystem, pushing its value up.
🌐 Dorsey also opened up about his recent exit from the board of BlueSky, a project he kicked off as a decentralized alternative to Twitter. He expressed some disappointment, noting that BlueSky is starting to mirror the very issues he hoped to avoid, like centralization and the push for more control over content.
🔗 He’s now supporting Nostr, a platform he feels truly upholds the principles of decentralization and free speech. (that's what Dorsey believes.. I am not so sure exactly).
💸 On the business side, Dorsey’s company, Block, plans to reinvest 10% of its gross profit from Bitcoin ventures back into buying more Bitcoin every month. This move underscores his commitment to Bitcoin's growth.
👀 With all the developments, Dorsey remains a major voice in tech and finance, watching closely as his predictions and investments unfold over this decade.
- Professor Mende out!
#bitcoin #btc #bitcoinpricealert #PricePredictions2024 #crypto
$BTC $ETH $SOL
