Ethereum

Bitcoin

April

The closely followed crypto analyst and strategist Rager has shared a roadmap for <a href="https://en.coin-turk.com/experienced-analyst-warns-of-bearish-signal-for-bitcoin-no-relief-until-critical-threshold-is-crossed/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.coin-turk.com/bitcoin-and-ethereum-reacting-to-secs-move-and-market-volatility/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) to reach its long-term target of $83,000. The analyst also stated that he expects the king of altcoins, Ethereum (ETH), to reach $2,500 in the short term.
<h2 style="text-align: justify;" id="strong-bitcoin-price-expected-to-approach-50-000-in-the-short-term-strong">Bitcoin Price Expected to Approach $50,000 in the Short Term</h2>
The anonymous crypto analyst Rager, on his <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">social media</a> platform X’s (formerly known as Twitter) account, has expressed his expectation for Bitcoin to approach $50,000 by the next month. Rager warned of a significant surge in BTC as it approaches the block reward halving expected in 2024, followed by a sharp correction towards the $30,000 level.
According to the analyst, the largest cryptocurrency will continue its rise towards the all-time high of $83,000 by 2025 after the block reward halving:
<blockquote>
 I expect a pullback to mid or below $30,000 after a rally to $48,000 by mid-January. After the block reward halving, a rally could lead to a new peak by the end of 2024.
 By the beginning or middle of 2025, I expect it to reach an all-time high and set a record. The bull market will probably end in the third quarter of 2022.
</blockquote>
As it is known, the block reward that Bitcoin miners receive per block in BTC decreases by approximately 50% every four years. The next Bitcoin block reward halving is expected to occur in April 2024.
<img decoding="async" class="aligncenter size-full wp-image-284195" src="https://coin-turk.com/wp-content/uploads/2023/12/Bitcoin-BTC-Kripto-scaled.jpeg" alt="" width="2560" height="1220">
<h2 style="text-align: justify;" id="strong-next-stop-for-ethereum-s-price-2-500-strong">Next Stop for Ethereum’s Price: $2,500</h2>
Following Bitcoin, looking at the largest smart contract platform Ethereum’s ETH, Rager said that the altcoin king is ready to rise to $2,500 in the short term. In his ETH commentary, the analyst noted:
<blockquote>
 ETH is slowly gaining strength over time. Eventually, its price will likely come to a nice target of $2,500. It made a nice move this weekend, but I am not always a fan of following weekend rallies.
</blockquote> Continue Reading: <a href="https://en.coin-turk.com/expert-analyst-rager-shares-bitcoin-and-ethereum-price-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/expert-analyst-rager-shares-bitcoin-and-ethereum-price-predictions/</a>

Expert Analyst Rager Shares Bitcoin and Ethereum Price Predictions

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