Historical index for the Bitcoin price prediction: B+"Should I invest in
Bitcoin CryptoCurrency?" "Should I buy BTC
today?" According to our Forecast System,
BTC is
an acceptable long-term (1-year)
investment*.
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by smart technical analysis.
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At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Bitcoin.
If you are looking for virtual currencies with good return, BTC can be a profitable investment option.
Bitcoin price equal to 57800.50 USD at 2024-07-08. If you buy Bitcoin for 100 dollars today,
you will get a total of 0.00173 BTC. Based on our forecasts, a long-term increase is expected,
the price prognosis for 2029-07-07 is 83852.93 US Dollars. With a 5-year investment, the revenue is
expected to be around +45.07%. Your current $100 investment may be up to $145.07 in 2029.
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Recommendations: Buy or sell Bitcoin? Cryptocurrency Market & Coin Exchange report, prediction for the future: You'll find the Bitcoin Price prediction below. According to present data Bitcoin (BTC) and potentially its market environment has been in a bullish cycle in the last 12 months (if exists). Our Ai cryptocurrency analyst implies that there will be a positive trend in the future and the BTC might be good for investing for making money. Since this virtual currency has a positive outlook we recommend it as a part in your portfolio. Trading in bull markets is always easier so you might want to favor these currencies under the given circumstances, but always read up on optimal investment strategies if you are new to investing.
Bitcoin (BTC)
Price Prediction, Forecast for next months and years
Below you will find the price predictions for 2023, 2024, 2025, 2026, 2027, 2028.
Wanted to know how the future cryptocurrency prices would grow if we used the price gains of the
leading social/technological innovations like Facebook, Smartphones, Data, etc.? Our forecasts
here could give you some pointers on the potential future of these innovative technologies.
Some experts anticipate an even more significant bullish trend. Billionaire hedge fund legend and former Fortress executive Mike Novogratz thinks BTC will hit as much as $40 000 by mid-2018 due to a large number of institutional investors entering the market. He stated on CNBC’s Fast Money:
“There’s a big wave of money coming not just here but all around the world. What’s different about these coins than other commodities … there is no supply response here. So it’s a speculator’s dream in that as buying happens there’s no new supply response that comes up. So every price move gets exaggerated. It’s going to get exaggerated on the way up. There will be 50 percent corrections. It will get exaggerated on the way down.”
As to the possible Bitcoin price change in the future Mark Dukas shared his opinion with Coinidol:
“From a technical analyst view Bitcoin's mid-term price support on the 720 min chart (2 bars per day) is currently at $7 431.00. New resistance is now $9 721 and price support sits at $5 555.00. Look for another small push down before prices takes off through $10 000 USD. Be sure to check out volume moving the price to see the legs this next move has. A mind-blowing number came out of the Coinbase camp: 33 000 new users every day are signing up. The amount of Bitcoin mined per day: 1 800. Math and numbers don't lie. Look for $10 000 plus and cryptocurrency market cap as a whole to reach half a trillion dollars in 2018.”
The full article: https://coinidol.com/bitcoin-price-analysis/
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Please read our Comment Policy before commenting.
vlad-direscu
6 years agoBitcoin Price: UK and Indonesia Causing Market Turbulence https://coinidol.com/bitcoin-price-uk-and-indonesia-causing-market-turbulence/
vlad-direscu
6 years agoSome experts anticipate an even more significant bullish trend. Billionaire hedge fund legend and former Fortress executive Mike Novogratz thinks BTC will hit as much as $40 000 by mid-2018 due to a large number of institutional investors entering the market. He stated on CNBC’s Fast Money:
“There’s a big wave of money coming not just here but all around the world. What’s different about these coins than other commodities … there is no supply response here. So it’s a speculator’s dream in that as buying happens there’s no new supply response that comes up. So every price move gets exaggerated. It’s going to get exaggerated on the way up. There will be 50 percent corrections. It will get exaggerated on the way down.”
https://coinidol.com/bitcoin-price-is-exceeding-all-expectations/
neo
6 years agoI think in Bitcoin market there aren't corrections just small breaths before even bigger jumps. :)
vlad-direscu
6 years agoBitcoin Price: Almost $10 000 Now What's Next?
As to the possible Bitcoin price change in the future Mark Dukas shared his opinion with Coinidol:
“From a technical analyst view Bitcoin's mid-term price support on the 720 min chart (2 bars per day) is currently at $7 431.00. New resistance is now $9 721 and price support sits at $5 555.00. Look for another small push down before prices takes off through $10 000 USD. Be sure to check out volume moving the price to see the legs this next move has. A mind-blowing number came out of the Coinbase camp: 33 000 new users every day are signing up. The amount of Bitcoin mined per day: 1 800. Math and numbers don't lie. Look for $10 000 plus and cryptocurrency market cap as a whole to reach half a trillion dollars in 2018.”
The full article: https://coinidol.com/bitcoin-price-analysis/
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