Bitcoin Price Could Plunge to $77,000 Before Bull Market Resumes, Says CryptoQuant CEO
CryptoQuant CEO Ki Young Ju forecasts a potential 30% Bitcoin price correction to $77,000, citing historical patterns and institutional entry points. Despite near-term bearish outlook, analysts remain optimistic about long-term growth potential following the April 2024 halving.
MicroStrategy's Bitcoin Holdings Eclipse Future Mining Output in Historic Milestone
Business intelligence giant MicroStrategy now holds more Bitcoin than what will be mined between 2028-2032, owning 444,262 BTC versus the projected 328,125 BTC future output. This watershed moment highlights the growing institutional adoption of Bitcoin as a treasury reserve asset.
Bitcoin Holders Celebrate Record $67,000 Average Profits as Bull Run Accelerates
Bitcoin investors are reaping unprecedented rewards with average unrealized gains of $67,000 per holder in 2024's bull market. The surge is fueled by spot ETF approvals, the upcoming halving event, and growing institutional adoption, with analysts predicting even greater profits ahead.
Bitcoin Could Surge to $310K by August 2025, Analyst Projects
Bitcoin Magazine Pro's lead analyst Matt Crosby predicts Bitcoin's next bull market peak could reach up to $310,000 by late August 2025, based on mathematical modeling and historical patterns. The forecast comes amid growing institutional adoption and the upcoming 2024 halving event, though experts remain divided on the ambitious prediction.