Quote from: joniboini on Today at 09:04:31 AM

Quote from: MA2LX on January 14, 2025, 09:30:26 PM

Tom Lee, a financial analyst even predicts Bitcoin could go $250,000. Another prediction comes from Matthew Siegel with a prediction of $180,000. So indeed we can still expect the bull market to continue throughout 2025.

I wouldn't trust their prediction too much. Remember we got the $100k prediction way back in 2019, or even older than that. If my experience tells me anything, whenever these whales publish news of crazy predictions the market is going to turn bearish for a while. It's better to take everything step by step. Who's to say the second half changes rapidly compared to the first half, so they can say their prediction is not that wrong to save their face.

We need to remember that no one has a crystal ball to know the future and bitcoin is notoriously unpredictable, their predictions about bitcoin are no different than ours. Most predictions are just our expectations, no one can provide data or evidence to back up their predictions. So don't trust anyone's predictions, no matter who they are, do your own research and analysis.

Also, be very careful with crazy celebrity predictions as their purpose may be to create FOMO, not just personal predictions. The market is full of traps, they scream and advise us to hold bitcoins tightly but they can quietly sell them to the market.