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Bitcoin's 2025 Price Target Set At $175K Minimum, Analyst Predicts

Benzinga ·  Dec 14, 2024 08:53  · Ratings

Bitcoin's(CRYPTO: BTC) price trajectory continues to capture attention as analysts forecast significant gains by 2025. Despite recent market fluctuations, experts maintain a bullish outlook, projecting substantial growth in the coming years.

What Happened: Bitcoin has consistently closed above $95,000 since Nov. 27, indicating robust investor interest. Despite market volatility, anErnst and Youngconsultant remains optimistic about Bitcoin's 2025 price potential.

Danny Marques, a researcher in the Bitcoin mining sector, shared insights from a study examining Bitcoin's past bull cycles. The study analyzed Bitcoin's post-halving performance and projected targets using Fibonacci extensions.

Marques noted that Bitcoin historically peaks...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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