Bitcoin (BTC) Price Prediction 2025-2030: How far is $937K now for BTC?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
You remember when everyone was crowing about Bitcoin [BTC] climbing to maybe $100K or $200K on the charts? Yes? Yeah, those were the good ol’ days. Unfortunately, those are now behind us and if you’re a Bitcoin holder, I’m guessing you’re not really happy. Especially since you have now been duped by flowery promises made by several “analysts.” What’s more, BTC’s price action has had a profound impact on the market’s altcoins too.
Here’s AMBCrypto’s Price Prediction for Bitcoin [BTC] for 2023-24
While BTC peaked at $69,000 on the charts, the cryptocurrency is now trading well under $20,000. In fact, the cryptocurrency has been trading around that range for quite a while now.
Now, can BTC resurrect itself and appreciate again? Sure, it can. When will that be though? Well, that’s a question with no clear answers at this point.
The cryptocurrency market is evolving quickly, and some specialists are beginning to question whether it is still worthwhile to invest in Bitcoin. On 15 June 2022, for instance, Bitcoin fell below $20,000 for the first time since December 2020.
At the time of writing, BTC was priced at $19,324. The 8-day exponential and 21-day simple moving averages seemed to be within the crypto’s coiling range on the chart too. The sideways price movement will soon be resolved by a rapid move, according to the compression between the two indicators.
This week, there has been a noticeable increase in volume too. The highest increase in transactions over the last five years was reported by Binance. In terms of foreign currency inflation, the upswing occurs at a
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