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Reading: Analyst Started Countdown for Bitcoin! Arrows Point to That Threshold!
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Analyst Started Countdown for Bitcoin! Arrows Point to That Threshold!
Bitcoin and BTC

Analyst Started Countdown for Bitcoin! Arrows Point to That Threshold!

vitalclick
Last updated: December 31, 2024 12:32 pm
2 months ago
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Bitcoin $93,885.9may experience a significant increase by 2025. Cryptocurrency analyst Michaël van de Poppe predicts that Bitcoin will increase by approximately 60% during this period. Van de Poppe stated to his investors that Bitcoin is poised to enter a strong rise in the long term. However, he also emphasized that there may be fluctuations and corrections in this process.

Will Bitcoin Peak in 2025?Beware of Fluctuations

Will Bitcoin Peak in 2025?

Van de Poppe expects Bitcoin to peak in 2025, but points out that more investment will be needed for this. “I do not expect Bitcoin to peak in 2025 because much more money is needed to move Bitcoin up,” said the analyst, stating that the cycles will be shaped by macroeconomic factors. Instead, he believes Bitcoin’s rise will be based on longer-term macro perspectives.

Van de Poppe says Bitcoin’s future rise will be supported by macroeconomic factors. “While the global money supply is increasing, the US money supply is lagging behind. In 2025, the labor market will weaken and the possibility of a recession has increased. This will lead to a rapid expansion of the US money supply. “This will help Bitcoin’s momentum continue,” he said. Van de Poppe thinks that these dynamics will accelerate Bitcoin’s future rise.

Beware of Fluctuations

Van de Poppe stated that Bitcoin’s upward journey will not always be smooth. He stated that he expects a major correction at the beginning of 2025. “I expect a 30% correction by the end of the first quarter. “It will be a movement very similar to the correction we saw in 2024,” he said. This statement indicates that Bitcoin will be subject to fluctuations and price corrections in the short term.

Bitcoin is currently trading at $93,790. Van de Poppe’s predictions give hope to Bitcoin investors. However, due to the unpredictability of market movements, it is wise to be careful.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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