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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analysts-predict-bitcoins-potential-surge/" data-wpel-link="internal">Analysts Predict Bitcoin’s Potential Surge</a><br></p>
<p class="p1" style="text-align: justify"><strong>Bitcoin</strong> has seen better days recently. Just a few days ago, Bitcoin’s price dropped to $63,400, a level last observed about a month ago. Since June 7, Bitcoin’s price has decreased by approximately 11%, and altcoins have experienced even sharper declines.</p> 
<h2 class="p1" style="text-align: justify" id="famous-analyst-shares-bitcoin-insights">Famous Analyst Shares Bitcoin Insights</h2> 
<p class="p1" style="text-align: justify">This period has not stopped some analysts from maintaining a bullish trend, and CrediBULL Crypto is one of them. The well-known <a href="https://en.coin-turk.com/investors-analyze-popular-altcoins/" data-wpel-link="internal">crypto analyst</a>, who has 400,000 followers on the social media platform X, shared his thoughts on Bitcoin’s price and stated:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“Our last move took us from $38,000 to $73,000 in 1.5 months. This is a $35,000 move in about 50 days. The following impulses should be even more aggressive, and we are currently trading at $64,000. Our next move could send us to $100,000 within 30 days, and according to the <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a>, we still have about 6 months left.”</p> 
</blockquote> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-364355" src="https://coin-turk.com/wp-content/uploads/2024/06/credibull.webp" alt="" width="500" height="434"></p> 
<p class="p1" style="text-align: justify">However, for Bitcoin to rise from its current point to $100,000, the price needs to increase by a significant 56.25%. For this process, Bitcoin purchases initiated with ETF funds need to accelerate, and the inflation issue in global <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">markets</a>, especially in the United States, needs to be resolved.</p> 
<h2 class="p1" style="text-align: justify" id="surprising-prediction-for-bitcoin">Surprising Prediction for Bitcoin</h2> 
<p class="p1" style="text-align: justify">CrediBULL Crypto is not the only analyst speaking about the bullish trend. Analysts from the well-known analysis firm Bernstein Research recently changed their long-term price prediction for Bitcoin to $200,000 by the end of 2025. However, it is worth noting that the firm previously predicted Bitcoin would reach $150,000 in the same period. Analysts also mentioned that spot Bitcoin exchange-traded funds could represent about 7% of the total circulating supply by 2025.</p> 
<p class="p1" style="text-align: justify">They said this would likely be the peak of this cycle, but Bitcoin could rise to $1 million by 2033. By then, ETF funds might have captured a significant 15% of the cryptocurrency’s circulating supply.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/analysts-predict-bitcoins-potential-surge/" data-wpel-link="internal">Analysts Predict Bitcoin’s Potential Surge</a></h5>

Analysts Predict Bitcoin’s Potential Surge

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