😱🚀🚀Experienced Analyst Predicts $250,000 to $600,000 for #Bitcoin in the Next Bull Cycle: Here are the Details
In a recent analysis, renowned cryptocurrency analyst Michaël van de Poppe shed light on Bitcoin's potential trajectory during this bull cycle. According to the analyst, with the markets witnessing an unprecedented flow of money, the price of Bitcoin could rise to $ 200,000 or even $ 500,000.
According to the analyst, the markets are currently experiencing a larger flow of money than ever before. This is also evident from the recent entries into ETFs, which show increasing interest in the cryptocurrency market.
The concept of diminishing returns is a topic that has been on the agenda in recent months. This concept suggests that markets will peak lower this time due to the ‘diminishing’ of returns from previous bull cycles. For example, the peak in 2021 had a percentage gain of 2,000%, while the 2017 peak had a gain of 12,000% compared to the lowest level of the cycle.
However, van de Poppe expresses some concerns about this theory. He questions the focus on diminishing returns and the validity of the theory. Noting that technological stocks have risen rapidly after the 2008 cycle and bear market, he notes that Bitcoin could potentially attract a larger amount of cash flow into the asset as a technological advance. This, in turn, makes the theory behind diminishing returns look weak, according to the analyst.
Van de Poppe‘ 'Cryptocurrency dot.com 'He believes we're entering a cycle that will be remembered as his bubble. In this cycle, the world will not only use crypto as a whole, but also understand that crypto and Bitcoin are the future.
According to the analyst, according to the most likely scenario, the 3rd of 2025. / 4. a peak can be seen in the quadrant. However, if liquidity holds, it may be reasonable to suggest that this bull cycle could last longer, possibly until 2026 or 2027. According to the analyst, Bitcoin could potentially reach up to $ 250,000 or even $ 600,000 during the bull period.
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