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<p>The post <a href="https://coinpedia.org/news/crypto-strategist-predicts-new-bitcoin-high-for-2024/" rel="noopener noreferrer nofollow">Crypto Strategist Predicts New Bitcoin High For 2024</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Renowned crypto strategist and analyst, Rager, unfolds a trajectory for Bitcoin (BTC) aiming at an impressive $83,000 in the long run. However, the journey involves some noteworthy milestones, including a potential rally of close to $50,000 by the next month.</p>
<h2 class="wp-block-heading" id="h-crypto-analyst-predicts-btc-83-000">Crypto Analyst Predicts BTC $83,000</h2>
<p>In a <a href="https://twitter.com/Rager/status/1731116310271066321" rel="noopener noreferrer nofollow">recent tweet</a>, Rager foresees a substantial correction following this surge, with Bitcoin retracing to the $30,000 level, especially in light of the approaching 2024 halving scheduled for April. The halving, set to cut miners’ rewards in half, is expected to introduce a brief downturn in BTC’s value.</p>
<p>According to Rager’s roadmap, the cryptocurrency will resume its upward trajectory post-halving, eventually reaching a new all-time high of $83,000 by 2025. The forecast envisions BTC hitting $48,000 by mid-January, followed by a correction to the mid/low $30,000 range.&nbsp;</p>
<p>However, the rally is anticipated after the halving, with a peak-high price expected in early/mid-2025. The bull market is projected to conclude by Q3 2025.</p>
<p>At the time of the latest analysis, BTC is trading at $41,433, showcasing an impressive 11% gain over the past week.</p>
<h2 class="wp-block-heading" id="h-ethereum-to-hit-2500">Ethereum to Hit $2500</h2>
<p>According to Rager, Ethereum (ETH) has gradually gained strength over time as a leading smart contract platform. Despite a weekend pump, Rager points towards a potential ascent <a href="https://pbs.twimg.com/media/GAXSvicXgAAuR_3?format=jpg&amp;name=medium" rel="noopener noreferrer nofollow">towards $2,500</a> as a notable short-term target.</p>
<p>While outlining these projections, Rager acknowledges the unpredictability of weekend pumps but remains optimistic about Ethereum’s upward movement.&nbsp;</p>
<p>The crypto market, as mapped out by this seasoned strategist, presents a dynamic landscape with key milestones for both Bitcoin and Ethereum in the coming months.</p>

Crypto Strategist Predicts New Bitcoin High For 2024

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