The Most Recent Bitcoin Price Predictions


17 Sep 2023 7:41 AM

Many have tried to predict the Bitcoin price - some successful and some not. Not so long ago, we made a list of the top 5 Bitcoin price predictions since...

  • The article discusses recent Bitcoin price predictions made by two individuals.
  • The first prediction is from a social media commentator known as BitQuant, who believes that Bitcoin's price will reach a new all-time high after the halving in 2024, with a target price of $250K. However, they do not expect the price to reach $160K due to significant pullbacks.
  • The second prediction is from a market expert and co-founder of Glassnode, who attributes recent volatility to the release of the US Consumer Price Index. They suggest that $27K is an important level to watch, but believe that $30K is the most likely price target for Bitcoin. They mention that there may be profit booking pressure around $27.4K and $28.2K.

The sentiment of the article is generally positive, as it discusses the potential for Bitcoin's price to reach new highs and highlights the opinions of experts in the field.

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You May Ask

Who made the first Bitcoin price prediction mentioned in the article?What is the predicted price target for Bitcoin after the halving in 2024?What is the reason behind the recent volatility in Bitcoin's price?What are the important price levels mentioned by the market expert?What is the potential psychological barrier for Bitcoin's price mentioned in the article?

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