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Despite skepticism, his forecast proved accurate, as Bitcoin hit $10,000 in November 2017 during its dramatic bull run. In 2018, Draper forecast Bitcoin to reach $250,000 by the end of 2022.
If history repeats, a 400% gain from Bitcoin's price of about $100,000 would put it at roughly $500,000 by the end of 2025. I'll be the first to say this might be a bit tough for Bitcoin to reach.
While the approval of Bitcoin spot ETFs is a big win, I won’t be holding my breath for new all-time highs for crypto asset prices or total value locked (TVL) in the short run.
Bitcoin had a remarkable 2024. It broke the $100,000 mark for the first time ever and went a little over $108,000. The approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities...
It's no secret Bitcoin (CRYPTO: BTC) has hit a bit of a summer lull. But as its price undergoes a period of volatility, it's easy to forget that Bitcoin is still up more than 30% from the ...
"A US Bitcoin Strategic Reserve adds upside to Bitcoin as much as $500,000 in 2025," Fundstrat's Tom Lee said on Monday. From $45,000 to $500,000, here's the bull and bear case for bitcoin in 2025 ...
As 2025 approaches, Bitcoin (CRYPTO: BTC) finds itself navigating a shifting macroeconomic landscape, with fading tailwinds raising concerns about sustained momentum, according to a report.
Money poured into the newly created Bitcoin ETFs in 2024, pushing the price of Bitcoin to a new all-time high above $73,000 in March. The summer months saw the price of Bitcoin retreat, trading ...
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