Bitcoin

Arkham

Read

Banana

Propel

<ul>
 <li>Tom Lee predicts Bitcoin hitting $150K by year’s end despite current bearish trends, urging investors to act swiftly.</li>
 <li>Raoul Pal’s ‘Banana Zone’ concept highlights a dramatic Bitcoin rise, sparking renewed interest among hesitant investors.</li>
 <li>Long-term visionaries, like Robert Kiyosaki, see through immediate gains within Bitcoin but in its future growth potential.</li>
</ul>
<p>Tom Lee, the co-founder of <a href="https://fundstrat.com/" rel="noopener noreferrer nofollow">Fundstrat</a>, believes that Bitcoin will reach $150,000 before the end of the year. The strategist gave his very bold projection at a time when sentiments from the crypto community came in mixed reactions, with some analysts looking forward to a massive surge despite bearish trends prevailing then.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">JUST IN: <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> price will still hit $150K this year – Fundstrat's Tom Lee <a href="https://t.co/hUuzBcNJdT" rel="noopener noreferrer nofollow">pic.twitter.com/hUuzBcNJdT</a></p>— Bitcoin Archive (@BTC_Archive) <a href="https://twitter.com/BTC_Archive/status/1808091243609808961?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h3 class="wp-block-heading" id="h-optimistic-predictions-amid-bearish-trends"><strong>Optimistic Predictions Amid Bearish Trends</strong></h3>
<p>Tom Lee has been somewhat overly optimistic about Bitcoin, considering the current state of the market. However, analysts still feel pretty optimistic about the prospects for Bitcoin.&nbsp;</p>
<p>Oliver L. Velez ( <a href="https://x.com/olvelez007" rel="noopener noreferrer nofollow">@olvelez007</a>) cautioned on X, “You have 3-4 months tops to stack aggressively before you and everyone you know will be priced out of any significant amounts of Bitcoin forever.”.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I'll say it again: You have 3-4 months tops to stack aggressively before you and everyone you know will be priced out of any significant amounts of <a href="https://twitter.com/hashtag/btc?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#btc</a> forever. You had better get to it. <a href="https://twitter.com/hashtag/stackharder?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#stackharder</a> <a href="https://t.co/rR9MKHKZSe" rel="noopener noreferrer nofollow">https://t.co/rR9MKHKZSe</a></p>— Oliver L. Velez <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> 13%'er Bitcoiner (@olvelez007) <a href="https://twitter.com/olvelez007/status/1808073543399161954?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h3 class="wp-block-heading" id="strong-the-concept-of-the-banana-zone-strong"><strong>The Concept of the ‘Banana Zone’</strong></h3>
<p>Raoul Pal has introduced the concept of the ‘<a href="https://cryptonewsland.com/parabolic-btc-surge-imminent-as-bitcoin-enters-the-dramatic-banana-zone-new-ath-soon/" rel="noopener noreferrer nofollow">Banana Zone</a>’. According to Pal, this phase represents a period of dramatic upward movement for Bitcoin, characterized by a parabolic rise resembling a sine curve.&nbsp;</p>
<p>This is the moment when hesitant investors realize they should have bought more Bitcoin, prompting a rush of interest and further driving up prices. The larger crypto community is still optimistic about the value recovery of Bitcoin.&nbsp;</p>
<p>Several analysts are pretty optimistic about the price of the coin hitting $100,000 by the end of the month, which is an element that reflects high expectations in the market. This becomes optimistic to many who believe in its long-term potential despite short-term fluctuations.</p>
<h3 class="wp-block-heading" id="strong-long-term-vision-vs-short-term-gains-strong"><strong>Long-Term Vision vs. Short-Term Gains</strong></h3>
<p>While others have been making short-term predictions, the approach of Robert Kiyosaki is long-term. According to Kiyosaki, he projected there’s growth <a href="https://cryptonewsland.com/major-market-gains-hinted-as-financial-expert-encourages-massive-bitcoin-buys-before-market-recovery/" rel="noopener noreferrer nofollow">potential for Bitcoin</a> in the future and doesn’t look at it for short-term gains.&nbsp;</p>
<p>It remains sound in its value proposition for the long-term investor, even amid extreme volatility in the short term. The call from Tom Lee of $150,000 for Bitcoin by the end of this year finds its place in a more general optimism expressed by some analysts and investors.</p>
<p>These currently bearish trends notwithstanding, most people in the crypto community still hold on to hopes of a Bitcoin value surge. Concepts like that of the ‘Banana Zone’ described by Raoul Pal illustrate dramatic price actions that might occur, almost continuously shifting between tightening short-term expectations and loosening long-term potential.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/parabolic-btc-surge-imminent-as-bitcoin-enters-the-dramatic-banana-zone-new-ath-soon/" rel="noopener noreferrer nofollow">Parabolic BTC Surge Imminent as Bitcoin Enters the Dramatic Banana Zone, New ATH Soon?</a></li>
 <li><a href="https://cryptonewsland.com/secs-etf-decision-could-propel-bitcoin-price-beyond-150k/" rel="noopener noreferrer nofollow">SEC’s ETF Decision Could Propel Bitcoin Price Beyond $150K</a></li>
 <li><a href="https://cryptonewsland.com/us-sec-commissioner-allison-lee-steps-down/" rel="noopener noreferrer nofollow">US SEC Commissioner Allison Lee Steps Down</a></li>
 <li><a href="https://cryptonewsland.com/korean-industry-lead-partners-with-binance-for-new-exchange/" rel="noopener noreferrer nofollow"><strong>Korean Industry Lead Partners With Binance For New Exchange</strong></a></li>
 <li><a href="https://cryptonewsland.com/arkham-offers-150k-bounty-to-unmask-djt-token-creator-amid-speculation-of-trump-involvement/" rel="noopener noreferrer nofollow">Arkham Offers $150K Bounty to Unmask DJT Token Creator Amid Speculation of Trump Involvement</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/analyst-predicts-bitcoin-surge-to-150k-by-year-end-despite-market-bearish-trends/" rel="noopener noreferrer nofollow">Analyst Predicts Bitcoin Surge to $150K by Year-End Despite Market Bearish Trends</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Analyst Predicts Bitcoin Surge to $150K by Year-End Despite Market Bearish Trends

Innholdsfortegnelse

Crypto News Land

Andre artikler publisert på 2. juli 2024

What Is ‘W-Coin’? The Telegram Tap-to-Earn Game and Airdrop Details

Toncoin (TON) Price Bullish Action Hints A 15% Surge To A New ATH?

Investors Toss Internet Computer, Toncoin; Sign Up to Qubetics Whitelist Expecting Massive Returns

BlockDAG’s Mining Mastery: 8,420 Rigs Snapped Up, Shattering Ethereum’s Surge and Polkadot’s Fall

Institutions Are Buying Solana, Polygon MATIC and 3 Other Altcoins – Reasons WHY?

Analyst Forecasts Solana Rising To Third In Market With ETF Hype; Buy Now?

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!