Tag Archives: Bitcoin Long-Term Prediction

The British YouTuber and rapper – KSI – revealed that he is a strong supporter of Bitcoin. According to him, the primary cryptocurrency represents the future, and hodlers would profit in the next years. ‘I’m Really into Crypto’ Olajide Olayinka Williams “JJ” Olatunji, better known as KSI – meaning Knowledge, Strength, and Integrity – opined strongly in favor of Bitcoin recently. Speaking to the British magazine GQ, he argued that the digital asset would play a major role in...

PlanB, a quantitative Bitcoin analyst and the creator of the popular stock-to-flow (S2F) model, is still very much bullish about the future of the leading cryptocurrency.  The drop in bitcoin’s price within the last three months has raised many questions among crypto traders and analysts on whether or not the bull market is still intact. However, PlanB is unconcerned about the current market trends, and he is looking ahead to what’s to come.  For clarity, the stock-to-flow...

The Wyckoff Accumulation Schematic created by Richard D. Wyckoff has become a widely discussed and controversial topic among crypto traders lately due to Bitcoin’s positioning. With that in mind, it’s worth exploring this key feature, what it means for the asset and how it could impact its future developments. What is the Wyckoff Accumulation? The Wyckoff Accumulation forms when a particular asset, in our case Bitcoin, enters a period of consolidation with multiple drawdowns...

The American billionaire Tim Draper predicted that bitcoin’s value would reach $250,000 by the end of 2022. He further opined that the primary cryptocurrency would be the core of all financial activities for the next 20-30 years. BTC Is The Future Tim Draper – an American venture capital investor – shared with CNBC his bullish view on BTC’s future value. He forecasted that despite the volatility in the crypto market, the primary digital asset would hit $250,000 by the end of...

Jan Tore Sanner – the Minister of Finance in Norway – opined that Bitcoin will see better days if it manages to solve its volatility issues. However, he advised investors to stay away from the current crypto market due to enhanced uncertainty. Breakthrough for BTC Contrary to the mostly negative comments coming from policymakers about Bitcoin’s merits, Norway’s Finance Minister – Jan Tore Sanner – surmised that the asset could overcome its instability and achieve a...

The price of bitcoin could surge multi-fold from its current level to $400,000 as its institutional adoption has intensified, noted Bloomberg analysts. In their recent report on the primary cryptocurrency, they also suggested that BTC is replacing the “old-guard” gold more “sudden than gradual.” Bitcoin to Reach $400K? In the latest monthly report on BTC’s performance, Bloomberg’s analysts, led by senior commodity strategist, Mike McGlone, outlined the $50,000 price mark as...

One bitcoin will be able to buy a Lamborghini model by the end of the year and a Bugatti in 2022, said Jesse Powell – the CEO of the veteran US crypto exchange, Kraken. During a recent interview with Bloomberg, he was also bullish on Ethereum, predicting a price tag well above $2,000 due to the upcoming ETH 2.0 release and the large number of projects built on top of it. One BTC for Lambo and Bugatti Kraken’s CEO has been highly-optimistic regarding BTC’s future price...

Over 80% of participants in a recent poll answered that they believe bitcoin will be within a six-digit price territory by the end of the year. While only 16% said that BTC would be beneath $100,000, this only attests to the difference several months can make on the general sentiment in the crypto community.Bitcoin to Above $100K, the Majority PredictedThe popular crypto proponent going by the Twitter handle PlanB, also known in the community as the creator of the stock-to-flow model and its...

Bitcoin continues to attract more funds previously put in gold, bonds, and stocks, said Bloomberg in its latest crypto-related report. The paper forecasted $100,000 as the next possible price threshold while also outlining that BTC has begun the process of replacing gold as the hedge of choice.Bitcoin Displaces Gold?The narrative that bitcoin, also referred to as digital gold by some, will or has already started to replace the precious metal has been widely discussed within the cryptocurrency...

With bitcoin currently enjoying a near 70% YTD increase, bullish predictions see the asset topping into a six or even seven-digit territory in the following decade. These projections came recently from Kraken’s CEO, Jesse Powell, and the Managing Director of Magnetic, William Quigley.Bitcoin to $150K in the Next YearFounded in 2010, Magnetic is an investment firm with a pro-cryptocurrency approach, having allocated funds in the industry as well. In a CNN appearance, the company’s Managing...