Bitcoin had a rather positive start to 2025, still flirting with $100,000. However, analysts of Jan fear a further decline in the short term, before the queen of cryptos starts to rise again and reaches the 160 000 dollars before the end of the year.
- Bitcoin had a positive start to 2025, hovering around $100,000.
- Ledn analysts forecast a possible decline to $89,000 before a rise towards $125,000 by the end of the first quarter.
- Bitcoin could reach $160,000 before the end of the year, despite a market marked by worrying volatility.
BTC could fall back to $89,000 before starting to rise again
Pour John Gloverthe investment director of JanBitcoin could see a further decline in the coming weeks. Indeed, according to him, BTC could fall back to 89 000 dollars before starting to rise again.
It is true that the crypto market has been marked by some volatility in recent months, with significant rises and falls. However, Glover remains optimistic about the future of Bitcoin and predicts a bullish recovery after this possible correction.
According to Glover, after this correction, Bitcoin could resume its upward trend and reach the 125 000 dollars by the end of the first quarter of 2025. This forecast is based on several factors, including the growing interest of institutional investors in Bitcoin and the growing adoption of cryptocurrencies around the world.
Bitcoin at $160,000 before the end of the year?
Looking further ahead, Glover predicts that Bitcoin could reach the 160 000 dollars before the end of 2025. This forecast is slightly more conservative than those of some other companies, such as VanEck et Bitwisewho respectively predicted prices of 180 000 et 200 000 dollars as we explain in this article.
However, it is important to note that these forecasts are based on assumptions and models that can be influenced by many external factors. Therefore, they must be taken with caution.
Despite Glover’s predictions, the Crypto Fear and Greed Indexwhich measures market sentiment, is currently in the zone of “extreme greed”. This could indicate that the market is overbought and could be due for a correction. To be continued, on Le Journal du Coin.
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