Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
Election would also have impact on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?
Bitcoin price may be 500K but after 2030. At present the price of Bitcoin will touch 6 digits, like over millions of dollars. BITCOIN PRICE Every investor will correct his guess In 2025, the more the investor withdraws and invests, the more benefits he can reap. That's why wise people are analyzing Bitcoin the most, Bitcoin is so widespread among investors today that it will only increase in demand and importance in the future.