Legendary trader and analyst Peter Brandt—well-known for correctly predicting past moves in the S&P 500 benchmark—has raised another sound alarm and this time he has taken Bitcoin (BTC) to the cleaners. The veteran trader addresses Bitcoin investors in an X post on Dec. 14 in which he shared a long-term price chart and raised four key points. Related: Another popular crypto company shuts down amid market crash The chart shows Bitcoin’s price since 2010 and the pink curves highlight Bitcoin’s major bull ...

Core Insights - The dramatic price fluctuations of Bitcoin in 2023, peaking at over $126,000 and then falling back to the low $90,000s after a flash crash, have led to a reassessment of investor price targets [1][2] - Many high-profile forecasts for Bitcoin's price were overly optimistic, with predictions ranging from $165,000 to as high as $1.5 million by 2030, indicating a significant gap between expectations and reality [5][6] Forecast Analysis - Notable Bitcoin price predictions include: - JPMorgan: ~$165,000 by the end of 2025 - VanEck: ~$180,000 during 2025 - Standard Chartered: ~$200,000 to $250,000 by year-end 2025 - Robert Kiyosaki: ~$250,000 by the end of 2026 - Larry Fink: $500,000 to $700,000 over a long period - Chamath Palihapitiya: $500,000 by October 2025 - Michael Saylor: $150,000 before 2026 - Cathie Wood: $300,000 to ~$1.5 million by 2030 [5][6] - Some forecasts are not strictly tied to the end of 2025, allowing for the possibility of future validation, particularly in a late-decade scenario where Bitcoin prices could exceed $1 million [6] Drivers Behind Predictions - Common factors influencing these forecasts include: - Anticipation of the 2024 halving event, expected to slow supply growth and support higher prices - Expected inflows into U.S. Bitcoin spot ETFs and corporate balance sheets, as well as potential investments from sovereign wealth funds - A macroeconomic environment perceived as unstable, prompting investors to seek non-fiat currency assets [8]

Bitcoin treasury, sold bitcoin, digital asset treasury, strategy bitcoin. Photo by BeInCrypto Bitcoin’s recent price action shows continued weakness as the asset struggles to find direction amid muted macro signals, presenting a bullish-neutral prediction.  The lack of momentum has kept BTC drifting downward for several days, but the Federal Open Market Committee’s expected 25 basis point rate cut on Wednesday could shift sentiment. Whether this becomes a catalyst depends heavily on how short-term holders ...

bitcoin dominance. altcoin season. Photo by BeInCrypto The Bitcoin price in December is now a key focus, given that the market ended November on a weak note. Bitcoin dropped more than 17% this month, breaking its usual November trend and raising questions about whether the recent $80,000 bounce was the real bottom. December has a mixed history for Bitcoin, and early data for this year shows some caution in both spot flows and on-chain signals. This analysis examines three key areas: seasonal performance, ...

Bitcoin News market analysis — Source: CoinGape Bitcoin price enters a rare bulls-bears impasse amid market shift. Bullish 'hammer' reversal pattern formation and Thanksgiving lifted BTC above $91K. Bitcoin trend structure signals drop below $88K. BTC price holds above $91K after monthly options expiry. Bitcoin price has just entered a rare zone of impasse between bulls and bears, according to crypto market expert Matrixport. Traders are noticing a stalemate between both bullish and bearish sent ...

Crypto analysts have been striking a sharply different tone. | Source: Created with Gemini Key Takeaways A viral prediction claims Bitcoin will hit $220,000 within 45 days. Market analysts warn of a potential new bear market. The prediction has received massive pushback from the community. A social media personality, reportedly the “World’s Highest IQ Record Holder” with a score of 276, has predicted that Bitcoin’s price will surge to $220,000 within the next 45 days. The bullish comments have dr ...

Market Sentiment - 63% of people anticipate Bitcoin's price falling below $100 thousand [1] - The market observes $100 thousand resistance potentially transforming into $100 thousand support [1] Bitcoin Performance - Bitcoin's September close marked the 5th consecutive monthly close above $100 thousand [1] - Historical trends show similar patterns at $10, $1 thousand, $100, and $10 levels [1]

Bitcoin Price Prediction & Market Analysis - Coinbase CEO Brian Armstrong predicts Bitcoin will reach $1 million by 2030 [1][6] - Bitcoin's price is expected to increase by 700% in 5 years from the current level [2] - The crypto market is currently oversold, but a bullish trend is expected towards the end of the year [19] - Anthony Pompiano advises against selling Bitcoin now, considering it oversold at $11,213 [20][21] Institutional Investment & Regulatory Clarity - Institutional investors are holding 1% of their portfolios in Bitcoin, with potential to increase to 5-10% upon regulatory clarity [3][11] - Regulatory clarity in the United States is emerging, potentially influencing the G20 [7] - The United States government now holds a strategic Bitcoin reserve [1][7] - Coinbase provides crypto services to approximately 140 government entities [5][8] Ethereum & Altcoin Market Dynamics - Ethereum is experiencing a supply shock and is being bought up faster than Bitcoin by Wall Street ETFs and corporate treasuries [14] - Ethereum's ETF attracted $3 billion this month, surpassing Bitcoin ETF flows by 16 to 1 [15] - Institutional money is rotating into yield-bearing crypto infrastructure assets, benefiting quality altcoins like Solana [16][17] - Solana aims to be the world's marketplace, similar to Google being the world's library, with low median fees due to engineering work [18][19]

Cryptocurrency Exchange Platforms & Promotions - Bybit is highlighted as a platform suitable for technical analysis [1] - Binance offers a fee reduction of up to 40% [1] - OKX provides commission waivers [1] - Bitget is noted for its user-friendly credit card functionality [1] Cryptocurrency & Blockchain Topics - Mentions various cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Cardano (ADA), Binance Coin (BNB), Ripple (XRP), Polkadot (DOT), Avalanche (AVAX), and Luna/Terra [1] - Includes hashtags related to technical analysis concepts such as Dow Theory, Elliott Wave Theory, Fibonacci, Harmonic Patterns, and Gann Theory [1] - References Bitcoin-related topics like Bitcoin halving in 2024, Bitcoin ETFs, and Bitcoin mining [1] Resources & Community - Provides links to a Discord membership, Discord/Telegram customer support, Twitter, educational courses, and a Telegram announcement group [1] - Mentions Pionex for grid trading [1]