Nick Forster, founder of the brokerage firm Derive, stated that Bitcoin has taken a 'healthy pause' after recent gains, allowing the market to lock in profits before a new bullish trend. According to him, the current consolidation is a natural phase that prepares the ground for a recovery in growth. The analyst predicts that by June 2025, Bitcoin could surpass the $120,000 mark if macroeconomic conditions remain favorable, particularly due to potential easing of the US Fed's policies and an increase in liquidity.
Independent analyst Sergey Rybin, who accurately predicted the Bitcoin price peak earlier, believes that by the end of 2025, the price could reach $150,000 provided that regulations improve. Meanwhile, pessimists like Doctor Profit warn of a possible drop to $70,000 due to a correction in the stock markets.
CryptoQuant data indicates a decrease in leverage in Bitcoin derivatives compared to the bull run of 2021, suggesting a less speculative market. Glassnode notes a slowdown in selling by long-term investors, which supports stability.
Experts emphasize that volatility will remain, but a 'healthy pause' could serve as a springboard for new growth. Keep an eye on cryptocurrency market news and forecasts! Subscribe to #MiningUpdates to stay updated!
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