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Analyst Predicts Ethereum and Bitcoin Will Rally By Year-End, Sees Potential in Radix Ahead of Mainnet Launch

  • Ethereum analyst predicts ETH will surge by year-end, potentially reaching $2,000.

  • He expects ETH may first correct to $1,300 before the ascent begins.

  • For Bitcoin, he sees a retest of support at $25,800 before rallying to resistance at $27,300.

  • The analyst is bullish on Radix ahead of its Babylon mainnet launch, targeting $0.086.

  • The Babylon upgrade will enable advanced smart contract capabilities for the Radix DeFi platform.

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Bitcoin's current market structure is similar to its setup before reaching its all-time high in November 2021, suggesting a potential bullish trajectory for the leading cryptocurrency, according to crypto expert Credible Crypto, who believes a breakout from the accumulation range could lead to a 120% rally and new all-time highs this year. However, a drop below $24.8k would invalidate this prediction.
Bitcoin has made a significant move upwards, approaching $27,000 after days of stagnation, although other cryptocurrencies such as SOL, ADA, TON, and MKR have outperformed it.
Google Bard, an artificial intelligence bot, predicts that the lowest price Bitcoin could reach in 2023 is $20,759, based on analyses by financial experts, with some projecting even lower at $12,000 and others more bullish at $30,000 or higher. Factors such as sticky inflation drivers, increased regulatory scrutiny, and potential catalysts like institutional adoption and the launch of a Bitcoin ETF could influence Bitcoin's price in the coming months.
Bitcoin is predicted to reach a price of $148,000 after the next halving in April 2024, according to Pantera Capital, which manages $3.5 billion worth of assets, and notes that recent events such as the XRP ruling and endorsements by BlackRock are likely to contribute to the next bull market for digital assets.
Ethereum's price has surpassed Bitcoin's in the second half of 2023, as investor sentiment towards Ethereum has improved and Bitcoin dominance has declined, indicating a shift towards altcoins; Ethereum's oversold status and resilient consolidation above $1,500 suggest a potential bullish reversal in the coming days, but a drop below $1,500 is possible if bears gain control.
Bitcoin (BTC) struggles to maintain its price above $26,000 as it heads towards its worst month of 2023, with uncertainty surrounding the upcoming monthly close and the potential for further downside surprises in September.
Crypto analyst Benjamin Cowen believes that Bitcoin is likely to follow its historical bearish price action seen in pre-halving years and predicts that the cryptocurrency will remain within a range of $12,000 to $35,000 for the rest of 2023.
Bitcoin price action remains uncertain as traders and analysts are divided on its next moves, with downside predictions ranging from $25,000 to $23,000 and concerns of a potential double top structure if the $26,000 level is not reclaimed, while network fundamentals consolidate recent gains and macro markets stay quiet.
Bitcoin remains in a tight range between $25,800 and $26,000 after a recent price spike, as the SEC's delay in key ETF decisions dampens hopes of a long-term recovery in the market.
Bitcoin (BTC) could reach $35,000 by the end of 2023, according to veteran analyst Filbfilb, who also predicts a potential price dip to the low $20,000 range before a reversal in Q4 and a price target of $46,000 by the 2024 halving. He believes that altcoins like XRP and Dogecoin (DOGE) could perform well in the next cycle.
Bitcoin is showing strength and could reach $28,000 despite negative news, according to Altcoin Sherpa, a popular crypto trader, while cautioning about the downward trend of Ethereum rival Solana.
Bitcoin may be heading for a further price decline according to a top trader who previously predicted the cryptocurrency's 2018 bear market bottom, citing a bearish lower-high setup and an ABC corrective move that could push Bitcoin down to $23,800.
Political pressure is causing delays in the approval of a Bitcoin spot ETF, but CEO of BitGo, Mike Belshe, remains optimistic that Bitcoin's price will reach its record high of $69,000 within the next 18 months.
Bitcoin's price remains strong at around $27,000 amid attempts to flip it into a support level, with hopes for a bullish monthly close.
Bitcoin's price has increased by 60% since the beginning of the year, reaching $26,972, while Ethereum's price has risen by 40% and now trades at $1,672; the approval of VanEck's Ethereum Futures ETF likely contributed to the recent boost in Ethereum's price.
Bitcoin's price has fallen in the third quarter of 2023, but a positive monthly close in September suggests a potential recovery, and altcoins are also showing signs of strength, with Bitcoin's relief rally potentially reaching $28,000.
The prices of Bitcoin and Ethereum surged in a 15-minute window, leading to bullish predictions for the rest of October, with over $70 million in crypto shorts being liquidated as a result.
Bitcoin (BTC) reaches over $28,000, its highest price in over a month, driven by optimism about ETFs and seasonal trends, while other cryptocurrencies like ether (ETH) and Solana's SOL tokens also experience gains.
Bitcoin price has the potential to reach $30,000 if it surpasses the $28,200 resistance level, while Ethereum price may continue to decrease with a pending sell signal, and Ripple price could break the $0.5604 barrier in its next upward move.
Bitcoin experienced a brief rally above $28,000 but quickly dropped to $27,300, remaining relatively flat compared to the wider crypto market; however, it is still defying the market rout in equity and U.S. Treasury bond trading, signaling a bull market, according to ByteTree's chief investment officer.
Bitcoin price could potentially increase by 5% to reach the supply zone at $29,000 if it successfully breaks through the $28,096 resistance level, while Ethereum price is aiming for the $1,674 resistance level with a pending buy signal. Additionally, Ripple price is expected to climb to $0.5604 as long as it holds above an ascending trendline.
The price of Ethereum's native token, Ether (ETH), has struggled to surpass $2,000 due to factors such as a bear cycle fractal, a stronger U.S. dollar, underperformance compared to Bitcoin, a decline in Ethereum network activity, and a drop in NFT volumes and unique active wallets.
Bitcoin's price may experience a significant drop to $19,000 before entering a full bull market next year, according to a trader who accurately predicted the cryptocurrency's 2018 bear market bottom; the trader also suggests that the smart contract platform Avalanche's altcoin bounce is over after failing to break resistance at $11.
Bitcoin price is predicted to reach $750,000 to $1 million by 2026, according to Arthur Hayes, who highlights a major financial crisis and mounting debt as catalysts for the cryptocurrency's surge.
Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, predicts that the price of Bitcoin will reach $750,000 to $1 million by 2026 due to a major financial crisis and endless cycles of central bank printing that lead to inflation, preventing natural market cycles of growth and correction. He believes that mounting debt, out of control inflation, and the insolvency of the US banking system will contribute to Bitcoin's rise. However, he also expects a significant drawdown in BTC price after each bull market.
Buyers struggle to maintain Bitcoin price above $27,000 as selling increases due to inflation pressure and uncertainty, but analyst predicts a potential rally to the next halving in November; BitMEX founder Arthur Hayes is even more bullish, predicting Bitcoin could reach $750,000 to $1 million by 2026.
The price of ether (ETH) is predicted to potentially reach $8,000 by the end of 2026 due to increased demand from gaming, tokenization, NFTs, and DeFi, according to a report from Standard Chartered Bank.
Improving efficiency and increased demand for Ethereum will lead to a potential rise in the price of ether to $8,000 by the end of 2026, according to Standard Chartered analyst Geoff Kendrick, with a long-term valuation of $26,000-$35,000. The forecast is based on expected improvements to the Ethereum blockchain, the growth of NFT transactions, the development of blockchain gaming, real-world asset tokenization, and positive regulatory developments.
The price of Bitcoin has decreased after reaching a high of $28,592, with resistance confirmed at the $28,000 level, while technical analysis indicates a bearish trend with a potential bottom at $21,800.
Bitcoin's current price, which is below $30,000, presents an opportunity for investors to add it to their portfolios due to potential near-term catalysts like the upcoming halving, the possibility of approved Bitcoin exchange-traded funds, and a more accommodative Federal Reserve policy that could boost the cryptocurrency's price in the long term.
Bitcoin (BTC) is predicted to reach $128,000 or more by the end of 2025, according to multiple analytics models, with one analyst projecting a two-year target of around $130,000 and suggesting that the area around this price is becoming a magnet due to the long-term bullish outlook.
Bitcoin (BTC) has experienced a 70% increase in 2023 and could continue to climb, potentially reaching price targets of $45,000-$50,000 by the end of the year, but faces headwinds from the tightening policies of the United States Federal Reserve; Standard Chartered also predicts a year-end price of $50,000 due to reduced BTC supply from miners.
Bitcoin (BTC) is nearing its 2023 high at $31,805, with the possibility of further buying triggering a rally, despite risks such as the weakness in the S&P 500 Index and the rising 10-year Treasury yield.
The price of Bitcoin surged to $34,000 as excitement grew over developments in the Bitcoin ETF space, marking a 14% gain in the past 24 hours.
Bitcoin surpasses $34,000, reaching a record high for 2023, as anticipation over the approval of Bitcoin spot ETF applications by the SEC grows, leading to significant liquidation and bullish market sentiment.
Bitcoin's price surged past $35,000 as the mood in the cryptocurrency market has improved, driven by the potential launch of bitcoin exchange-traded funds (ETFs) and growing interest from institutional investors like BlackRock.
Bitcoin is rallying towards $35,000 as the Bitcoin ETF inches closer to reality, with experts predicting the price could reach $75,000 in the coming months, and altcoins expected to underperform bitcoin and ether.
Bitcoin's price surpasses $31,000, driven by excitement over a potential spot Bitcoin ETF launch and increased institutional investor activity.
The price of Bitcoin has crossed the $31,000 mark for the first time since July, driven by optimism surrounding a potential spot ETF and other positive developments in the cryptocurrency market.
Bitcoin prices surge to an 18-month high as hype around a potential spot exchange-traded fund (ETF) approval grows, with analysts drawing comparisons to the post-approval surge in gold prices and predicting a potential rise to over $120,000 if Bitcoin follows a similar trajectory.
Bitcoin's value reaches its highest point since May last year, surpassing $34,000 and resulting in over $310 million in liquidated short positions, while Ethereum also experiences a significant increase and the overall market capitalization of digital assets surpasses $1.3 trillion, sparking optimism about the potential launch of a spot Bitcoin ETF.
Bitcoin is predicted to continue its rally and potentially reach $48,000 by the end of the year, as it surpasses resistance levels and experiences increased trading volume and market dominance.
Bitcoin has surged past $35,000, driven by excitement over the possibility of bitcoin funds trading on stock exchanges and the potential launch of a BlackRock bitcoin ETF, although regulatory concerns and uncertainty still loom.
The bitcoin price has surged past $35,000, reaching its highest level in over a year due to excitement over BlackRock's bitcoin spot ETF application and speculation that the U.S. wealth management industry could gain access to the crypto market.
Bitcoin has surged past $35,000, reaching its highest price since May 2022, amid a bullish week for the cryptocurrency market fueled by hopes of a Bitcoin ETF approval and significant gains in other major cryptocurrencies like Ethereum, XRP, Solana, Cardano, and Dogecoin.
Bitcoin slipped 2% to $34,000 as the crypto market cooled off, while meme coins DOGE and PEPE outperformed, and Matrixport predicts Bitcoin could reach $125,000 by the end of 2024.