Van Eck reissues $180K Bitcoin price target for current market cycle

November 23, 2024 Coin Telegraph

Bitcoin

Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of "overheating."

Global investment manager Van Eck has reissued its $180,000 price target for Bitcoin at the peak of the current cycle.

In its latest Bitcoin report on Nov. 21, Van Eck digital asset analysts Nathan Frankovitz and Matthe Sigel said the next phase of the crypto bull market is only “just beginning.”

They predicted that an increasingly friendly regulatory environment in the United States and growing institutional interest could catapult Bitcoin (BTC) to a price of $180,000 within the next 18 months.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Why Ethereum traders are closely watching ETH/BTC charts — Spoiler alert, it’s bullish

November 8, 2024 Coin Telegraph

Bitcoin

After lagging Bitcoin for most of 2024, Ethereum appears to be in the early stages of a bullish trend reversal. Here’s why traders are closely watching the ETH/BTC pair.

Ether (ETH) is currently exhibiting its most significant weekly gains since May 2024. While BTC’s momentum has stalled over the past 24 hours, ETH's price reached a quarterly high of $2,956, and the renewed price action triggered a 6% uptick for the ETH/BTC chart.

With Ethereum briefly leading Bitcoin (BTC) for the first time in months, the altcoin-BTC pair has caught the market’s attention for a potential trend reversal.

A pivotal daily breakout on the Ether daily chart is one key reason for the revived interest in the ETH/BTC trend.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Bitcoin gained 1,900% in Trump’s first term: Will BTC price hit $1M this time?

November 7, 2024 Coin Telegraph

Bitcoin gained 1,900% in Trump’s first term: Will BTC price hit M this time?

bitcoin price prediction

Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data.

Bitcoin (BTC) soared by over 1,900% during Donald Trump’s first term as United States president between November 2016 and November 2020. This occurred despite his critical stance on the cryptocurrency at the time, highlighted by his well-known 2019 tweet labeling BTC as “highly volatile” and claiming its value was “based on thin air.”

BTC/USD daily price chart. Source: TradingView

However, Trump’s second term as the US president looks poised to be more favorable toward the cryptocurrency industry, given his pledge to make the US a “Bitcoin superpower” and implement deregulation to foster the crypto industry.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Bitcoin price rally to $110K ‘incoming’ after positive Coinbase premium, Trump victory — Analyst

November 6, 2024 Coin Telegraph

Bitcoin Price

A boost in Bitcoin's spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.

Bitcoin (BTC) reached an all-time high of $75,358 after rallying 7.23% in a single four-hour candle. The bullish momentum accompanied the lead-up to Donald Trump’s US presidential election victory on Nov. 5.

With the US elections concluding with a “pro-crypto” president on deck, one crypto analyst re-iterated a Bitcoin price target above $100,000 in the coming weeks.

A few hours after the US election results, Titan of Crypto, an independent trader, highlighted a long-term cup-and-handle pattern for Bitcoin, which is currently undergoing a successful bullish breakout.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Bitcoin to move 10% ‘either direction’ depending on US election: Trader

November 4, 2024 Coin Telegraph

Bitcoin

Crypto investors should prepare for even more volatility around the US election, with “at least” a 10% move foreseen for Bitcoin.

The price of Bitcoin could swing at least 10% depending on which United States presidential candidate wins the election on Nov. 5, according to a trader, as Bitcoin volatility recently jumped to its highest point in three months.

In a Nov. 4 post, pseudonymous trader Daan Crypto Trades told his 389,000 X followers that Bitcoin’s (BTC) weekly close didn’t look “the cleanest” but this wouldn’t matter too much with the election looming.

He said there was a good possibility Bitcoin will see “at least a 10% move in either direction depending on who wins the election.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Standard Chartered predicts Bitcoin surge to $125K with Trump win

October 25, 2024 Coin Telegraph

Standard Chartered predicts Bitcoin surge to 5K with Trump win

$125

A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.

Bitcoin could be worth $125,000 by the end of the year if members of the Republican Party dominate the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick has predicted.

As speculation about the US elections and Bitcoin (BTC) prices approaches a frenzy, Kendrick shows himself to be bullish on the Republicans.

Geoff Kendrick’s BTC price analysis. Source: Standard Chartered Bank

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Trump election win could send BTC to $100K and propel altcoins further

October 21, 2024 Coin Telegraph

Trump election win could send BTC to 0K and propel altcoins further

$100k BTC

Never has cryptocurrency been so connected with the US elections, the outcome of which could trigger a full-on bull market. What are the prospects if Trump wins?

Crypto has found itself in a unique position as a campaign issue in the United States 2024 presidential election.

Many in the industry have backed former US president and Republican nominee Donald Trump, with his pro-crypto policy promises seen as a potential catalyst for industry growth.

With opinion polls suggesting it’s still anyone’s race, crypto traders like Satoshi Flipper argue that a Trump victory hasn’t yet been priced into the crypto market. Satoshi Flipper believes a Republican win would strengthen the ongoing Bitcoin (BTC) and altcoin bull market.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach

October 12, 2024 Bitcoin.com

Bitcoin

Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

US election outcome won’t stop Bitcoin from hitting $100K: Dan Tapiero

October 11, 2024 Coin Telegraph

US election outcome won’t stop Bitcoin from hitting 0K: Dan Tapiero

Bitcoin Price

Crypto adoption is gaining speed no matter who wins the US presidential race in November, the venture fund founder said.

The United States election outcome won’t change the bullish trajectory of cryptocurrencies such as Bitcoin (BTC), which will likely tap $100,000 per coin regardless of which presidential candidate prevails, Dan Tapiero, founder of 10T Holdings, said on Oct. 10.

Dan Tapiero in a panel discussion at the Permissionless conference. Source: Cointelegraph

“I don’t think it really matters. Everything is going up now. The election will pass,” Tapiero said during a panel discussion at the Permissionless conference in Salt Lake City, Utah.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Bitcoin price action ‘tough to call’ after Fed rate decision — Zerocap

September 17, 2024 Coin Telegraph

bitcoin election

Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer.

Bitcoin is “tough to call” and could fall as low as $53,000 or as high as $65,000 following the Federal Reserve’s decision on rates on Sept. 18, according to Australian crypto trading firm Zerocap.

Jonathan de Wet, the chief investment officer at Zerocap, told Cointelegraph the market is now anticipating a 62% chance that the Fed will cut rates by a minimum of 50 basis points (0.5%), which he said already contributed to the brief rally that saw Bitcoin touch $60,000 on Sept. 13.

However, Wet said the price action is “tough to call” due to lingering uncertainty around the impact of rate cuts in the short term and is only complicated further by the precariousness of the upcoming US election in November.

bitcoin price prediction

Share this video