Bitcoin News

As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption and evolving market dynamics. $150,000 Target Too Low For Bitcoin Crypto trader Alex Becker recently took to X to share his thoughts on Bitcoin’s price momentum. The trader said that although the consensus points to BTC peaking at $150,000 this cycle, he believes that the target is “way too low and way too short.” Related Reading: Bitcoin Primed For A Major Rebound Following ‘Final Capitulation,’ Analyst Predicts Becker argued that at $150,000, Bitcoin’s market capitalization would only represent one-sixth of gold’s, leaving significant room for growth. He described the idea of BTC reaching merely one-sixth of gold’s market cap as “silly low.” At the time of writing, Bitcoin’s total market cap stands at $2.06 trillion. In comparison, gold commands a significantly larger market cap of approximately $18.5 trillion. As for why, the trader noted that unlike past market cycles, things are vastly different for BTC during the current cycle. The top cryptocurrency is poised to benefit from favourable regulations under Donald Trump’s administration, alongside increasing adoption by corporations and sovereign nations as a store of value. Becker projects that, driven by these factors, BTC could peak anywhere between $250,000 and $400,000. His outlook aligns with that of crypto analyst Will Clemente. In a recent post on X, Clemente noted that if a nation adopts Bitcoin as a strategic reserve asset, it could trigger a domino effect, compelling other countries to follow suit. Clemente elaborated: Once a nation adopts BTC as a strategic reserve asset, it becomes inherently nationalist to DCA into said asset. Then apply this to every nation on Earth that wants to keep its purchasing power simultaneously in game theoretic fashion. BTC Supply Crunch Nearing? As more corporations add Bitcoin to their balance sheets and speculation grows about the potential establishment of a US strategic Bitcoin reserve, the active supply of BTC may come under pressure. Related Reading: Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report Crypto analyst Miles Deutscher recently pointed out in an X post that Bitcoin balances on crypto exchanges have hit a fresh seven-year low. Historically, reduced exchange supply correlates with sharp, parabolic price increases for the asset. Other projections estimate BTC could reach a peak of around $200,000 by the summer of 2025. At press time, Bitcoin is trading at $103,973, up 5.7% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Bitcoin (BTC) has seen a steady price recovery following the recent release of the US Consumer Price Index (CPI) report. It is now trading above $103,000. This marks an 8% gain over the past week, driven by growing interest from large investors and a shift in market dynamics. According to the latest insights from CryptoQuant Analysts, some underlying whale activity factors might be influencing Bitcoin’s current trajectory. Related Reading: Rising Bitcoin Prices Defy Exchange Inflows: What Investors Need to Know Bitcoin Price Rebounds Amid Growing Whale Activity CryptoQuant QuickTake Platform contributor Joao Wedson has recently highlighted a noteworthy trend in whale behavior on Binance, the world’s largest crypto exchange. In a recent analysis, Wedson examined the Exchange Whale Ratio, which measures the share of Bitcoin’s largest inflow transactions relative to the total exchange volume. This metric, according to the analyst has now reached historical highs, signaling that large holders—often referred to as whales—are transferring significant amounts of Bitcoin to the exchange. The increased movement of Bitcoin by whales may indicate that they are preparing for substantial buy or sell actions, potentially amplifying market volatility. Wedson added: Stay alert! Intense movements by major players can bring volatility risks but also unique opportunities for those closely monitoring the market. Understanding New Whale Movements and Market Cycles In addition to whale activity on Binance, another CryptoQuant contributor, KriptoBaykusV2, provided insights into the emergence of new large investors in the market. According to KriptoBaykusV2, the “New Whales” indicator highlights the influx of previously inactive large investors acquiring Bitcoin. Over the past three years, this metric has grown steadily, suggesting heightened interest in the cryptocurrency market. However, the entry and exit of new whales often coincide with price swings, making it a key factor for understanding market cycles. Related Reading: Bitcoin May Target $145,000 To $249,000 Under Trump Administration: Report Historical data shows that peaks in new whale activity often align with periods of price volatility. For example, during 2021 and 2023, sharp increases in the number of new large investors were followed by significant price corrections. KriptoBaykusV2 wrote: Understanding whether the market is in a bull or bear phase is crucial for investors. Increases in the number of new whales often signal the start of bull markets, while the sharp corrections that follow these movements can indicate the onset of bear markets. This is especially evident from 2021 onwards, where these fluctuations are clearly visible Meanwhile, Bitcoin is currently trading at a price of $103,985, at the time of writing marking not only a 4.9% increase in the past day but also a nearly 10% surge in the past two weeks. Featured image created with DALL-E, Chart from TradingView

Solana (SOL) has made a remarkable recovery following Monday’s unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead. The rapid price increase has positioned Solana as one of the top-performing assets in the crypto market, signaling a potential shift in momentum. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors – Sign Of Strength? Renowned analyst Jelle recently shared a detailed technical analysis, highlighting that Solana has broken out of its prolonged downtrend. According to Jelle, SOL has successfully reclaimed crucial monthly and weekly support levels, indicating a significant move could be on the horizon. These levels, often considered key benchmarks for long-term stability, suggest that Solana’s recent gains may be more than just a temporary bounce. If Solana can sustain this momentum, it may not only recover from recent losses but also pave the way for further gains, potentially outperforming other major altcoins. As technical indicators align with market enthusiasm, Solana could be gearing up for a breakout rally that captures the spotlight. Solana Set To Enter Price Discovery Phase Solana (SOL) emerged as one of the top market performers in 2024, posting an impressive surge of over 170%. This stellar performance cemented its position as a market leader and highlighted its resilience and growth potential within the crypto space. As 2025 unfolds, optimism surrounding Solana remains high, with many investors anticipating significant gains in the coming months. The momentum appears to be building already, as Solana begins the year with a potential breakout. Renowned analyst Jelle recently shared insights on X, pointing out that SOL has successfully broken out of the downtrend that had restrained it since late November. Moreover, Solana has reclaimed both monthly and weekly support levels—crucial milestones indicating that the asset has regained its bullish footing. According to Jelle, the price action for Solana is “super clean,” suggesting that the cryptocurrency is well-positioned for higher valuations. Jelle’s initial target for SOL is set at $330, a level that would not only mark a significant recovery but could also push Solana into a price discovery phase. This phase typically sees heightened market interest and volatility as traders and investors recalibrate expectations for the asset’s long-term value. With technical indicators and market sentiment aligning, Solana appears poised to capitalize on its upward trajectory. Related Reading: Cardano Whales Go On A Shopping Spree – 100 Million ADA in 48 Hours If Solana sustains this bullish momentum, it could continue to dominate headlines as a top-performing asset in 2025. As anticipation builds for further upside, traders and investors are closely monitoring key levels, knowing that the cryptocurrency’s next big move could redefine its role in the broader crypto ecosystem. SOL Testing Crucial Supply Around $220 Solana (SOL) is currently trading at $218, approaching a critical level that could determine its next major move. The price is on the verge of setting a new local high above $222, a significant resistance point. Breaking through this level would signal a strong bullish continuation, setting the stage for massive price appreciation and the potential to reclaim its all-time high (ATH). Analysts believe that if SOL clears the $222 mark and maintains its momentum, the next key level to watch is $250. Reclaiming and holding $250 as support would pave the way for Solana to enter uncharted territory, pushing its price into a new all-time high and potentially beginning a price discovery phase. This development would further solidify Solana’s position as a market leader and attract increased investor attention. Related Reading: Chainlink Weekly Chart Looks Promising – If Bulls Reclaim $30 ‘ATH Are Next’ However, failing to surpass the $222 resistance or reclaim the $250 level could lead to a consolidation phase. Such a pause in price action might delay Solana’s rally but could also provide a foundation for renewed momentum in the future. With market participants closely monitoring these levels, Solana’s price movements in the coming days will be pivotal in determining whether the cryptocurrency embarks on its next major leg up or enters a temporary holding pattern. Featured image from Dall-E, chart from TradingView

CoinCodex’s Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year’s Second Quarter (Q2). Dogecoin Price Prediction From January To December According to CoinCodex’s price projections, Dogecoin is expected to start 2025 with modest growth, reaching a minimum target of $0.352 and a maximum of $0.386 by January. This predicted price suggests a potential Return On Investment (ROI) of approximately 6.7%, as of writing.  Related Reading: BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch By February, however, Dogecoin is projected to experience a slight fluctuation, dropping to a minimum price of $0.355. It is also projected to see a maximum potential surge to $0.368, marking an 11% ROI. Dogecoin’s most remarkable price run is anticipated to occur during March and April.  In March, Dogecoin is forecasted to reach a maximum price of $1, representing approximately 152.07% in ROI. This price increase is expected to be followed by an even more impressive growth in April, pushing DOGE above $1, with an ROI of 168.2%.  By May 2025, Dogecoin is expected to stabilize around the $0.74 price level, reflecting a new ATH and a 79.15% ROI surge. The summer months also show a steady growth rate, with June projected to see a maximum Dogecoin price of $0.58 and a minimum of $0.50. This target represents a significant decline from its projected peak in Q1 2025. Moreover, Dogecoin is expected to yield a total ROI of 39.63%.  In July and August, Dogecoin’s price could rise to a maximum of $0.70 and $0.67, respectively. These price surges are also expected to generate a significant ROI of 70.9% in July and 64.3% in August.  The latter part of 2025 suggests more tempered gains, with September’s Dogecoin price estimates at $0.6, October at $0.58, and November at $0.5, on average. Each month is projected to yield significant ROIs of 56.76%, 53.46%, and 26.78%, respectively. By December, Dogecoin is predicted to close the year at a minimum price of $0.47, a maximum of $0.52, or an average of $49. This reflects a 26.28% ROI; however, it also indicates a significant decline from previous projected highs during the early months of 2025. While CoinCodex predicts Dogecoin’s price from January to December 2025, it also advises taking short positions for the first two months of the year. On the other hand, investors are urged to adopt a buy strategy from March through December, aligning with the anticipated bullish trend.  Related Reading: Bitcoin Price Above $100,000 Renews Hope, Analyst Reveals The Cycle Top Average Price Target For 2025 According to CoinCodex’s data, Dogecoin is expected to trade between $0.352 and $1.12. This suggests that the lowest expected price for this meme coin could be around $0.35, while its highest could surpass $1.12.  Based on this predicted range, Dogecoin’s average price target for 2025 is $0.564, marking a potential ROI of 171.52% compared to current market rates. At the time of writing, the price of Dogecoin is $0.41. Featured image created with Dall.E, chart from Tradingview.com

At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn’t do justice to Bitcoin, says one trader, arguing that the world’s flagship crypto asset is coming into this cycle with increasing institutional adoption. Related Reading: ‘Grand Bull Market’ For Cardano? Analyst Declares The Bottom Is In According to Alex Becker (@ZssBecker), a $150k target is “too low and too short” and only represents 1/6th of gold’s market cap. Instead, Becker sees a price of $250k to 400k as a better and more realistic target for Bitcoin this cycle. A Measly 48% Gain If Bitcoin Hits $150k According to CoinMarketCap, Bitcoin is trading at $101,690, and if it were to hit $150k, then this would represent a 48% increase and only a 38% increase from its all-time value of $108,249. Everyone and their dog thinks we are entering the final BIG leg of the cycle towards a $150kish BTC. Call me crazy, but I think we are calling this way to low and way to short. $150k is only 1/6th the market cap of gold. We have the biggest funds, nations and corporations… — Alex Becker 🍊🏆🥇 (@ZssBecker) January 16, 2025 According to Becker, it’s crazy to limit the price of Bitcoin to just $150k. At this value, this is only equal to 1/6th of gold’s market cap. In the same post, Becker explains why the digital asset can hit a higher high. He mentions the increasing adoption of the flagship crypto among nations, funds, and corporations. Becker adds that many countries and firms look at Bitcoin as a store of value and want to hold the asset. Analyst Targets $250k To $400k After calling the $150k mark a “silly low price” for Bitcoin, Becker offered a more realistic target for the asset. He argued that Bitcoin will rise from $250k to $400k this cycle. Becker’s sentiments were shared by Will Clemente, another popular crypto analyst. In his January 16th post on Twitter/X, Clemente argued that BTC will continue to appreciate in market price as soon as more countries adopt a Bitcoin reserve pool. Clemente predicted that Bitcoin has the strength to hit $1 million. He further stated that once countries adopt a strategic reserve for the crypto, it’s only natural for the government to start stockpiling the asset. Related Reading: Spot Crypto ETFs: Litecoin Likely Next In Line For SEC Nod Other Crypto Firms, Players Target Higher Price For BTC With Donald Trump’s presidency just around the corner, many firms and crypto analysts offer their price takes on Bitcoin. Blockware Solutions, in a post shared last December 29th, said that $150k is the “bear case target” for Bitcoin in case Trump decides not to pursue the plans to launch a BTC reserve. Related Reading: Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists However, if the President pushes with the plans, the alpha coin’s probable base price is $225k, which can go up to $400k. VanEck is also offering a more rosy picture for Bitcoin, saying that this digital asset may hit $180k by the end of the year. Bitfinex suggested that it may reach $200k by mid-2025. According to Becker, the $150k target a few months ago was on target since only a few institutions are invested in the asset. However, in the current landscape of increasing adoption and favorable regulations, a $150k target just doesn’t make sense. Featured image from DALL-E, chart from TradingView