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Bitcoin (BTC) Price Prediction & Analysis: Analysts See $300k+ This Cycle Blockonomi 1 month ago

Bitcoin (BTC) Price Prediction & Analysis: Analysts See $300k+ This Cycle 📈

VanEck USA Bitcoin BlackRock

BlackRock has described Bitcoin as a 'global monetary alternative' and a hedge against instability. Analysts predict that Bitcoin could reach between $300,000 and $600,000 in the current market cycle. The cryptocurrency hit a new all-time high of $73,000 in March 2024 following the launch of BlackRock's ETF.

Further, VanEck projects that by 2050, Bitcoin could achieve a staggering price of $2.91 million. Many experts believe that in the shorter term, Bitcoin will surpass $100,000.

Source: blockonomi.com ↗

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