$BTC $IO $NOT #IOInternetofGPUs

🔥🔥🔥 Bitcoin price will hit $330K this bull cycle — Analyst: 😱😱😱😱😱😱😱

📌 Institutions are buying as Bitcoin dips under $60,000, strengthening the long-term bullish outlook for BTC’s price.

Independent market analyst Arsen remains unfazed by the recent dip in Bitcoin’s price, predicting a monumental rebound to $330,000 in the current bull cycle.

✍️ Smart money is accumulating Bitcoin

Arsen argues that smart money — institutional investors, market experts and other financial professionals — has accumulated Bitcoin

BTC

tickers down

$57,093

during its recent correction cycle, indicating its long-term bullish bias for the top cryptocurrency.

For instance, Bitcoin’s first bull cycle in 2012 lasted 800 days and saw its price rise by a whopping 9,000%. The next cycles, in 2016 and 2020, lasted for around 800 days, and BTC’s price surged by approximately 3,000% and 1,200%, respectively.

“That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.”

The Bitcoin price prediction, nonetheless, comes amidst a sharp correction, with BTC down around 23% from its all-time high of around $74,000, established just four months ago.

As of July 11, the flagship cryptocurrency traded at a subdued $57,000. Its recent losses were led by the ongoing Mt.

How low can Bitcoin go before resuming its bull run?

Bitcoin’s ongoing correction is far from bottoming out, according to some analysts, but most remain convinced about a long-term bull scenario akin to Arsen’s $330,000 price target.

For instance, Markus Thielen, an analyst at 10x Research, suggests BTC’s price will likely drop toward $50,000 in the coming weeks due to a double top formation. Double tops are considered bearish reversal patterns, as illustrated in the chart below.

🔥🔥 Io Token price prediction

io. net will cross 10$ in 2025.

15$ in mid of 2025.

#BinanceTournament #BinanceTurns7 #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date