One closely followed cryptocurrency strategist who successfully ended the 2021 Bitcoin bull market believes that BTC will achieve nearly 4x gains before 2025 is out.
The analyst with the pseudonym “Bintoshi” tells his 753,000 followers on social media platform X that Bitcoin’s three-day chart looks “beautiful.”
According to a cryptocurrency strategist, Bitcoin could see a rally of approximately 277% from current levels over the next 22 months.
“I think it's possible we could see Bitcoin price at $180,000 by the end of 2025…
And I certainly don't feel like it's crazy about the location and direction of the world. If something happens or new information comes to light for whatever reason, obviously I'll admit I'm wrong.
But so far, at least on the higher time frames. It was a great place for the most part.
According to Bentucci, the approval of exchange-traded funds (ETFs) for bitcoin has given the wealthiest generation access to the king of cryptocurrencies. analyst pridect The market value of BTC could rise more than 5-fold in the coming years.
“Our entire asset class is smaller than the bidding on individual stocks every day. Look how they gobbled up the GBTC (Grayscale Bitcoin Trust) supply. What makes you think that BTC Won't it be a $5 trillion asset in the next few years?
Bintoshi too Highlights One of the most powerful BTC narratives: The maximum supply of Bitcoin is 21 million coins in a world where governments can print money at will.
“Bitcoin should continue to trade as if supply is limited, and as fiat money is unlimited over a long enough time frame.”
At the time of writing, Bitcoin is trading at $48,277 with a market capitalization of less than $1 trillion.
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