Cryptocurrency

A top analyst revealed a massive Bitcoin price target by the end of 2025 and said BTC charts look beautiful.

One cryptocurrency strategist who put an end to Bitcoin’s 2021 bull market believes BTC will nearly quadruple gains before it expires in 2025.

Pentoshi, a pseudonymous analyst, told his 753,000 followers on social media platform X that Bitcoin’s three-day chart was “beautiful.”

According to a cryptocurrency strategist, Bitcoin is likely to see an increase of around 277% from current levels within the next 22 months.

“I think there is a possibility of BTC reaching $180,000 by the end of 2025…

And I don’t think it’s all that strange about where the world is and where it’s going. If for some reason something happens or new information comes to light, I will of course admit that I am wrong.

But so far, at least we’ve been on a high timeline. It was often quite frequent.”

video
source: Pentoshi/X

According to Pentoshi, the approval of a spot Bitcoin exchange-traded fund (ETF) will give the wealthiest generation access to the king of cryptocurrencies. analyst predict BTC’s market capitalization could soar more than fivefold in the next few years.

“Our entire asset class is smaller than what individual stock boomers bid on a daily basis. Look how they gobbled up the supply of Grayscale Bitcoin Trust (GBTC). What Makes You Think About BTC Won’t we have $5 trillion in assets in the next few years?”

Pentocido highlight One of BTC’s most powerful stories: In a world where governments can print money at will, Bitcoin’s supply is limited to 21 million coins.

“BTC should continue to trade as if it has a finite supply and should be traded indefinitely over long periods of time like a fiat currency.”

As of this writing, Bitcoin is trading at $48,277, with a market capitalization of less than $1 trillion.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Source: https://dailyhodl.com/2024/02/11/top-analyst-unveils-massive-bitcoin-price-target-by-end-of-2025-says-btc-chart-looks-beautiful/

Related Articles

Back to top button