Bitcoin

Daily

<ul class="news-points"> 
 <li>Ran Neuner shared in a recent interview with Altcoin Daily that he believes BTC’s price will correct soon.</li> 
 <li>However, Neuner has very high expectations for BTC for the next bull cycle, predicting it could reach $200K.</li> 
 <li>At press time, BTC was trading hands at $41,881.52 after its price slipped by 0.66% throughout the past day.</li> 
</ul> 
In one of their latest YouTube <a href="https://www.youtube.com/watch?v=4u0cuVfCV-I" target="_blank" rel="nofollow">videos</a>, Altcoin Daily held an interview with the cryptocurrency analyst and the co-founder and CEO of Onchain Capital, Ran Neuner. In this interview, Neuner expressed his concerns that the price of Bitcoin (BTC) could experience a big correction soon. 
According to an X <a href="https://twitter.com/cryptomanran/status/1733396830849732943" target="_blank" rel="nofollow">post</a> shared by Neuner earlier in December, “everyone is euphoric, everyone is rich, everyone is posting screenshots of their gains.” However, Neuner believes this could be a serious warning sign. 
Also sending off warning signals for Neuner is the fact that there has been a huge spike in altcoin leverage to levels last seen in 2021. Essentially, this increase in leverage means that people are so confident that prices will rise that they are willing to borrow money to get into the market, which is also a red flag in his opinion. 
Neuner…
The post <a href="https://coinedition.com/btc-predicted-to-hit-200k-during-next-bull-super-cycle/">BTC Predicted To Hit $200K During Next Bull “Super Cycle”</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BTC Predicted To Hit $200K During Next Bull “Super Cycle”

Coin Edition

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