Cryptocurrency

Bitcoin

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 <p class="paragraph">With Bitcoin (BTC) starting the week on a bullish note, much like the majority of assets in the cryptocurrency market, experts predict more gains to come, and some are confident that the maiden digital asset will surpass $100,000 in the next couple of years.</p> 
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 <p class="paragraph">As it happens, pseudonymous cryptocurrency analyst <em>PlanB, </em>a.k.a. <em>100trillionUSD, </em>reiterated the prognosis from earlier this year, arguing that Bitcoin’s halving event could trigger its move above $32,000, with the 2025 bull market culminating at $100,000 and beyond, in an X post published on September 18.</p> 
 <p class="paragraph">Indeed, as the expert pointed out, the November 2022 low was the bottom for Bitcoin, expecting it to rise towards the 2024 halving, particularly as it has already risen from $18,000 to $27,000 since January 12, when <em>PlanB</em> made the original prediction.</p> 
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  <img decoding="async" loading="lazy" src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/JQTNi7FdvGxLFafxcWAWXR-qVvOZRraI6nIm0ZPWtq-T8cZDAhKd8Bd6fQv3fX4O-y55htu-6ZZMSTBaGng29b0DbrXLfuJt-aemb5_RxXj4SmS34zAWUtmpFkdXLFBcXG0o2GemtL8LhkJtHe3YTE8" alt width="834" height="469">
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   <em>Bitcoin’s realized price. Source: </em><em>100trillionUSD</em>
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 <p class="paragraph">Therefore, the analyst believes that the 2024 halving will bring the largest crypto asset into a price range between $23,000 and $66,000, whereas the subsequent bull market in 2025 could trigger the run toward the range between $100,000 and as much as $1 <a rel="dofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> per unit.</p> 
 <h2 class="wp-block-heading" id="h-bitcoin-price-analysis">Bitcoin price analysis</h2> 
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 <p class="paragraph">Meanwhile, Bitcoin was at press time trading at the price of $27,320, indicating a gain of 2.84% on the day, while increasing its value by 6.43% across the previous week, and advancing 5.41% on its monthly chart, according to the information retrieved on September 18.</p> 
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  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/0AUx-B86qe_CuOK7c4Q2XIPNucAInRNXzBii9KKM7SbdiES07liqTdip1NaUQDlBXBlUh50SXHTFEKU3JbbEEl9yEu3RRfsGQ9qyOKy2I6O8nUmHS3O3T60YwWXNH55ymAaUADEPQ2UHHp-7ypfVK_s" alt>
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   <em>Bitcoin 7-day price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">Notably, Bitcoin has crossed a bullish cross for the first time in over a year, a bullish sign that has demonstrated itself in the recent recovery. Additionally, it still has 29 halving events remaining, each of them carrying the possibility of another rally.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/bitcoin-could-reach-100-000-1-million-in-2025-expert-analysis-tbt63107.html">https://thebittimes.com/bitcoin-could-reach-100-000-1-million-in-2025-expert-analysis-tbt63107.html</a></p>

Bitcoin could reach $100,000 – $1 million in 2025; Expert analysis

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