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Bitcoin bull cycle

Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’

Analysts Predict BTC Hitting 0,000 Next Year and  Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said. Bullish Bitcoin Price Prediction Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price […]

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M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst

The growth of the money supply is historically correlated with previous Bitcoin price bull runs.

The growing money supply in the United States could be the key to unlocking more upward momentum for Bitcoin (BTC), according to market analysts and historical chart patterns.

The M2 money supply estimates all cash and short-term bank deposits across the United States, and its growth has historically been correlated with previous Bitcoin bull runs.

The growth of the money supply could hold the key for the next leg up for the Bitcoin cycle, according to Jamie Coutts, chief crypto analyst at Realvision, who wrote in a May 16 X post:

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Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K

Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-KAccording to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most bullish thing” from a long-term perspective. […]

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Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon

Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End SoonThe CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive said, adding that the Federal Reserve is “close to the end of […]

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Here’s When Bitcoin’s Bull Run May Expire, According to One of China’s Biggest Crypto Miners

The CEO of one of China’s largest Bitcoin mining companies says his firm is using a variety of models to try and pinpoint when Bitcoin’s current bull market cycle will end, and how high the top cryptocurrency will rise. Jiang Zhuoer asserts that Bitcoin has not nearly reached levels of attention it garnered during the 2017 […]

The post Here’s When Bitcoin’s Bull Run May Expire, According to One of China’s Biggest Crypto Miners appeared first on The Daily Hodl.

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