With the current state of Bitcoin, two types of stories can happen in the market from here.
Story 01: If Bitcoin's dominance starts dropping, then the price of Bitcoin will enter the $100K range and altcoins can instantly pump up to 20–30%.
Story 02: If dominance starts pumping in the opposite direction and there is any negative news in the market, then the price of Bitcoin can drop below $90K again.
If you don't open a trade for now, try to understand the market movement and then set up the trade accordingly, then hopefully you will make good profits.
➡️From the current situation it looks like a sideways trend formation, firstly we have a weekend formation, on which a sideways trend is often set, and secondly there are few volumes.
➡️And in fact, the meaning of this sideways trend will be that we are sent up, since we have the strength of buyers.
➡️There is only one scenario so far, first I wait for growth to the zone of interest, and then a possible reversal!
Ethereum’s price predictions for 2025 vary widely, reflecting both optimism and caution in the market. Most forecasts suggest that ETH could trade between $1,900 and $4,000, with some more bullish estimates reaching as high as $6,000. The lowest predictions hover around $1,400. Key drivers of potential price growth include increased institutional adoption, broader use of Ethereum in decentralized finance (DeFi), and developments like the approval of spot Ether ETFs. Standard Chartered expects ETH to reach around $4,000, while platforms like CoinDCX forecast a range of $3,500 to $3,700. Benzinga projects a broader span between $2,061 and $6,000, and Investing Haven suggests a potential high of $5,960 under ideal conditions. Despite these positive outlooks, it's important to remember that the cryptocurrency market is highly volatile, and actual prices may differ significantly from predictions.
$BTC Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.”
ARK’s “bear” and “base” case scenarios for the price of Bitcoin
BTC
$93,050
were also bumped up to $500,000 and $1.2 million, ARK research analyst David Puell said in an April 24 report.
The new bear and base targets were bumped up from ARK’s $300,000 and $710,000 Bitcoin price predictions on Feb. 11.
ARK’s price projections were modeled on Bitcoin’s total addressable market (TAM), penetration rate — the percentage of Bitcoin’s TAM that it could capture in certain cases — and Bitcoin’s supply schedule.
ARK’s bear, base and bull case price targets for Bitcoin by Dec. 31, 2030. Source: ARK Invest
“Institutional investment contributes the most to our bull case,” said Puell, who estimated that Bitcoin would achieve a 6.5% penetration rate into the $200 trillion financial market in a best-case scenario (that figure excludes gold).
Bitcoin’s acceptance as “digital gold” was also a major contributor to the lofty estimate, with Puell estimating that it could capture up to 60% of gold’s $18 trillion market cap (2024 figures) by the end of 2030 in a bull scenario.
Bitcoin becoming a “safe haven” in emerging markets was the third-largest contributor to ARK’s $2.4 million bull case prediction at 13.5%.
“This Bitcoin use case has the greatest potential for capital accrual,” Puell said, pointing to Bitcoin’s ability to protect wealth from inflation and devaluation in developing countries. #BTCvsMarkets #BTC
Coinbase confirmed on national television this morning that sovereign wealth funds are buying bitcoin in the last few weeks, but no one seemed to notice or care. That would have been unfathomable just 2-3 years ago. #BTCvsMarkets #coinbase