Shamika Rideout mJIT(@Square-Creator-02db09ecfa21)'s insights

Bullish

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Renowned analysts are making bold predictions about Bitcoin's future price, drawing parallels to its historical performance post-halving. Rekt Capital suggests that Bitcoin is mirroring its 2016 pattern and could see significant growth, with the current accumulation zone considered to be any price below $61,081. Meanwhile, Timothy Peterson foresees a potential sixfold increase in Bitcoin's value by early 2025, estimating a peak range between $175,000 and $350,000. These projections are fueled by indicators like the 100-day moving average, which hint at potential price surges reminiscent of previous bullish periods, such as the uptick observed after the approval of BTC ETFs in January. #ETHETFS #ETFvsBTC #BTC

Renowned analysts are making bold predictions about Bitcoin's future price, drawing parallels to its historical performance post-halving. Rekt Capital suggests that Bitcoin is mirroring its 2016 pattern and could see significant growth, with the current accumulation zone considered to be any price below $61,081. Meanwhile, Timothy Peterson foresees a potential sixfold increase in Bitcoin's value by early 2025, estimating a peak range between $175,000 and $350,000. These projections are fueled by indicators like the 100-day moving average, which hint at potential price surges reminiscent of previous bullish periods, such as the uptick observed after the approval of BTC ETFs in January.
#ETHETFS  #ETFvsBTC  #BTC  