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Bitcoin Price Predictions: Analysts Eye $95K to $700k, What’s Next for BTC? Blockonomi 02 août 2024

Bitcoin Price Predictions: Analysts Eye $95K to $700k, What’s Next for BTC? 📈

Bitcoin traders estimate that the next price peak for BTC could fall between $95,000 and $120,000, while some, like analyst Willy Woo, forecast it could reach as high as $700,000 if it captures a small percentage of global wealth. Miner profitability and Bitcoin's approaching all-time high hash rate reflect rising confidence, potentially reducing selling pressure. This demonstrates growing adoption and a positive outlook for BTC's long-term value.

Source : blockonomi.com ↗

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