Future

Cryptocurrency

2024

Bitcoin

Time

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/experts-predict-bitcoins-future-movements-2/" data-wpel-link="internal">Experts Predict Bitcoin’s Future Movements</a> 
Bitcoin price is still below $70,000, and at the time of writing, the Fed interest rate decision had not been announced. However, the predictions of two popular figures contain details beyond short-term movements. As we approach mid-June, let’s look at the views of these two popular figures and see what they expect from the markets. 
<h2 style="text-align: justify" id="tone-vays-cryptocurrency-predictions">Tone Vays Cryptocurrency Predictions</h2> 
Analysts’ views may not be a good option for forming your investment strategies. However, they are useful for evaluating the markets from different perspectives. Renowned <a href="https://en.coin-turk.com/analysis-of-cryptocurrency-market-trends-btc-strengthens-as-altcoins-weaken/" data-wpel-link="internal">crypto analyst</a> and investor Tone Vays expects the consolidation phase to continue for another 1-2 months before the big move that many are anticipating. 
According to him, BTC will head for a major breakout at $102,000, but there is still time for that. In his latest market assessment, he wrote: 
<blockquote> 
 “The monthly chart is in an MRI sell. The MRI top is in consolidation, so we are highly likely to set up for a second consecutive weekly MRI top and then hopefully a third.” 
</blockquote> 
<h2 style="text-align: justify" id="bill-miller-s-crypto-comments">Bill Miller’s Crypto Comments</h2> 
The second analyst has not lost his bullish sentiment despite short-term volatility. Historical <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> essentially gave hope for strong peaks in the markets between the first half of 2024 and 2025, even during bear markets. So, at least most investors older than 5-6 years have experienced this closely, and short-term movements do not affect them much. 
Miller focuses on Bitcoin’s strong capabilities in areas like limited supply, ownership, and freedom in the much longer term. 
<blockquote> 
 “Despite Bitcoin reaching new highs against all fiat currencies recently, I still believe Bitcoin is significantly undervalued today. And I believe the world is likely in the early stages of a secular shift in how people think about capital and its governance.” 
</blockquote> 
His predictions also point to a philosophical global shift along with the transformation in <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">financial markets</a>. Time has been moving much faster in the last 20 years; perhaps we will live long enough to see if he is right? 
<img loading="lazy" loading="lazy" decoding="async" class=" wp-image-361786 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BTCUSDT_2024-06-12_20-13-40.png" alt="" width="1312" height="605"> 
In the summer, crypto is usually in sell and go on vacation mode. We will see how it turns out this year. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/experts-predict-bitcoins-future-movements-2/" data-wpel-link="internal">Experts Predict Bitcoin’s Future Movements</a></h5>

Experts Predict Bitcoin’s Future Movements

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