Michael van de Poppe, a cryptocurrency analyst and trader, is bullish about Bitcoin (BTC).
Van de Poppe told his 169,000 YouTube followers that he expected Bitcoin to rise by 60% in 2025.
The analyst believes that Bitcoin will enjoy a bullish period over the next few months.
“I don’t expect Bitcoin to reach its peak by 2025, because I believe that it will take a lot more money to push Bitcoin up or into the market. This is why I believe that cycles will extend, and are based more on macro perspectives than the traditional four-year cycle.
I believe that Bitcoin will break through the $150,000 mark within this year and remain there until 2026.
Van de Poppe believes that the catalysts for Bitcoin’s rise will include macroeconomic factors.
We can observe that global money is increasing while US money has lagged behind. The US still has a great deal to offer and, I believe, in 2025 the US will have a weaker labor market, a greater chance of a recession, and the US money supply would quickly increase. This, combined with the growth of Bitcoin, could give the US a competitive edge.
Crypto analyst and trader says, however, that Bitcoin’s journey to its cycle peak will be bumpy.
Then I expect significant corrections between. “I do expect that by the end of the first quarter of 2025 we will have experienced a 30% correction, which is very similar to what happened in 2024 .”
Bitcoin has a current value of $93,790.
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This article $150,000 Bitcoin in Coming by 2025 According to Crypto Analyst Michael van de Poppe, Here’s why appeared first on the ICD.
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