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Заголовок Top Bitcoin Price Predictions: Can BTC Reach $150,000 This Year?
Дата 20240702

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Top Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Price Predictions: Can BTC Reach $150,000 This Year?

Top Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Price Predictions: Can BTC Reach $150,000 This Year?

Author: Dimitar Dzhondzhorov

Last Updated Jul 2, 2024 @ 09:11

Tom Lee believes BTC s price can skyrocket by almost 150% before the end
of 2024.

TL;DR

Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) hit an all-time high of over $73,000 in mid-March 2024, with
predictions it could reach $150,000 by year-end.

Analysts see potential for a BTC rally if it surpasses key resistance levels,
with targets around $65,000 to $67,000 to be reached sometime this month.

BTC is Yet to Make the Headlines?

Despite the downfall in the past month, 2024 has so far been quite successful
for the primary cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, whose price hit an all-time high of over
$73,000 in mid-March. Some analysts and prominent figures believe the asset
might reach new impressive peaks before the end of 2024, with Tom Lee being
one example.

The American entrepreneur reiterated his prediction that BTC could rally to
$150,000 in the following months. Lee claimed that the asset s valuation
has been negatively affected lately due to the issues related to the
now-defunct crypto exchange Mt. Gox.

The once-leading platform suspended operations a decade ago and filed for
bankruptcy protection. It also lost approximately 850,000 BTC due to hacking
and alleged mismanagement. Most recently, the court-appointed trustee
overseeing the exchange s bankruptcy proceedings announced that the
company will begin paying back thousands of users almost $9 billion worth in
assets.

Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s probably been suffering from the Mt. Gox which was a
huge overhang for many years. But if I was investing in crypto and knowing
that one of the biggest overhangs is going to disappear in July, I think
it s a reason to expect a pretty sharp rebound in the second half. So, I
think $150K is still within, Lee said.

It is worth mentioning that the American has not always been spot-on with his
crypto forecasts. At the end of 2020, he predicted that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s price
could tap $120,000 in 2021. The asset experienced a substantial bull run that
year but could not exceed the $70K level.

Other Bets

Numerous cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта analysts touched upon BTC s price lately,
envisioning a rally if the asset surpasses certain resistance levels. The X
user Jelle claimed that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s local market structure
continues to improve, adding that a sustained trading above $61,500
could lead to a test of that $65,000 area.

Break that, and we re off to the races, the analyst
suggested .

Michael van de Poppe gave his two cents, too. He believes BTC could settle at
the $61,000-$61,500 support zone and rise above $67K this month.

#Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is looking for a higher low and support. It seems very likely that
well be looking at the $61-61.5K area.

A slow grind upward is what I’m expecting for the markets in July.
pic.twitter.com/LHnXTydh8P

— Michaël van de Poppe (@CryptoMichNL) July 2, 2024

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Tags: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) Price Mt. Gox Tom Lee

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