Network economist Timothy Peterson warns that if the US Federal Reserve delays interest rate cuts in 2025, it could trigger a significant Market downturn, pushing Bitcoin back to around $70,000. Peterson suggests that the lack of rate cuts may be the catalyst for this decline, especially as the Fed’s Chair Jerome Powell expresses a cautious ...
A well-known crypto analyst, Dave the Wave, who accurately predicted the Bitcoin crash in May 2021, is warning that Bitcoin may soon experience a significant decline. He suggests that Bitcoin’s current behavior resembles last year’s patterns, where it peaked around $74,000 before dropping below $50,000. Dave forecasts that the worst of this price consolidation could ...
Bitcoin is currently priced at $93,500, experiencing a decline of over 5% this week. This downward trend is partly due to a significant outflow of more than $568 million from Bitcoin US spot ETFs, indicating weaker demand. Additionally, data suggests that stablecoin inflows are decreasing, which may further weaken buying pressure. If Bitcoin continues to ...
Cathie Wood, CEO of Ark Invest, believes Bitcoin could reach a staggering $3.8 million by 2030. If her projections hold, a $100 investment in Bitcoin today could turn into significant returns, ranging from approximately $266 in a bear case to nearly $3,914 in a bullish scenario. As Bitcoin recently crossed the $100,000 mark, Wood’s long-term ...
