⚠️ Bitcoin's recent price movement has led to a bullish sentiment among traders, with some believing it has hit its floor .
The quick rebound from "Crypto Black Monday" to reclaiming $62,000 suggests a potential bear trap, where experienced traders temporarily lower the price to trap short-sellers . However, not all analysts agree, with some predicting further downside before hitting new all-time highs ¹. Morgan Stanley's recent authorization for financial advisers to recommend Bitcoin ETFs to clients may also impact the market .
Bitcoin Price Prediction
- 2024: $65,000 to $72,000
- 2025: $85,000 to $95,000, potentially reaching $100,000
- 2026: A bear market potentially leading to a bearish outlook
- 2027: Consolidation below $60,000 with minimal price variation, potentially reaching $75,000 to $80,000 by year-end
- 2028: A stronger positive trend, potentially stabilizing between $98,000 and $102,000
- 2029: Surpassing $110,000, aiming to set new highs for the current bull run
- 2030: Climbing steadily, reaching a new peak of around $125,000 in the first half of the year
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