Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
Predictions News
Bitcoin (BTC) price prediction is a precarious affair despite the host of analysts and investors hoping to make a profit. Bitcoin’s value is determined second-by-second, day-by-day by a market that never sleeps. As a cryptocurrency’s value is determined by an open market, this presents unique challenges around volatility that most currencies do not face. While cryptocurrency price prediction is an ever-moving target, market literacy is essential for someone to get the most value out of their participation in the crypto economy.
Without getting into the weeds of technical analysis, what most traders and market analysts are hoping to discern is the overall sentiment of the market, which falls into two basic categories:
- A bull market occurs when the price action appears to steadily increase. This is also known as a “pump,” as the influx of buyers increases the prices.
- A bear market occurs when the price action appears to steadily decrease. This is also known as a “dump,” as the mass sell-off results in the price going lower.
Price prediction and asset speculation is a high-risk venture, so stay tuned to Coinpectra’s daily market analysis to better navigate the ebbs and flows of crypto.
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While it’s not built for real-time calls, ChatGPT can still support smarter Bitcoin trading decisions when paired with the right data and well-crafted prompts.
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Harvard economist Kenneth Rogoff, who predicted Bitcoin would likely hit $100 before $100,000, admitted he was wrong about three things.
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Trump’s move to allow crypto in 401(k) retirement plans could push Bitcoin to $200,000 by the end of the year, according to Bitwise’s head of European research.
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Bitcoin still has bullish BTC price targets; analyst BitQuant predicts that bulls are safe from a trip "even close" to the $100,000.
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Gemini’s lead comes after a series of updates, while OpenAI’s ChatGPT and xAI’s Grok have suffered missteps.
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Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles.
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Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier.
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Bitcoin’s explosive July rally pushed its market cap to $2.4 trillion, overtaking Amazon, silver and Alphabet, cementing its place among the world’s five most valuable assets.
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Bitcoin briefly flipped Google parent Alphabet’s $2.4 trillion market capitalization to become the fifth-largest global asset, driving a wave of optimism among investors.
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The ballooning US deficit may lead to an increase in the money supply through quantitative easing, lining up a $132,000 Bitcoin price top in 2025.
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Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo.
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Ether price excitement boils over as giant targets combine with a countdown to new all-time highs — but ETH/BTC still has a long way to go.
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Bitcoin acquisition trends are leading to predictions of a major BTC supply shock, with bullish implications for price.
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The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027.
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