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Bitcoin Price Forecast: Cryptocurrency soon at $50,000 or $1.5 million? | Bitcoinist.com
Currently, there are some massive fluctuations in the crypto market, and investors are asking: What's next for Bitcoin? Experts seem to be divided on this issue. But will the price go to 50,000 US dollars or 1.5 million US dollars?
Expert predicts: Bitcoin falls to $50,000
For a short time, the Bitcoin price fell below the $90,000 mark in the last few hours, which caused many investors to fear a potentially stronger correction of the cryptocurrency. However, the pullback has not materialized so far, and the price has been able to recover significantly recently. Nevertheless, some experts remain skeptical and warn of a possible crash that may still follow.
A prominent example is Peter Brandt, an experienced trader, successful author, and highly regarded technical analyst. He recently warned on X (formerly Twitter) that Bitcoin could face a correction to around $50,000. The expert was even more pessimistic about meme and altcoins, predicting a crash of a whopping 90 to 100 percent.
In this, Brandt relies primarily on the thesis that Bitcoin has experienced such exceptional and probably non-repetitive growth in recent years. Accordingly, the return expectations of many investors are exaggerated and the risk management is inadequate. Consequently, the analyst expects that especially many leveraged investors could be caught off guard.
However, despite these short-term developments, Brand remains optimistic about the digital currency in the long term and, following the massive correction he has predicted, sees an increase to 234,000 US dollars as realistic. This would correspond to an increase of 148 percent from the current level.
Majority of analysts positive - $1.5 million by 2035
However, some analysts see no need for a correction for Bitcoin at all and are also significantly more optimistic than Peter Brandt. One particularly bullish expert, for example, is Timothy Peterson. He has already attracted attention in the past with accurate forecasts about the development of Bitcoin.
Specifically, Peterson now expects the price of Bitcoin to rise to 1.5 million US dollars by 2035, which would be a 1495 percent increase. The analyst's reason for this is a self-created network model that indicates further extreme growth for the mother of all cryptocurrencies.
But even in the short term, some market observers are very optimistic about the development of the cryptocurrency. Even on Wall Street, experts such as strategist Tom Lee of Fundstrat and the analysts at Bernstein are predicting prices of $200,000 for Bitcoin still this year. If this forecast is correct, then the current bull market is likely far from over.
Accordingly, it may be worthwhile to take a look at coins outside of the mainstream, because in the last bull phase of 2020/2021, smaller projects like memecoins have sometimes proven to be real profit generators for investors. For example, the price of Dogecoin rose by several thousand percent within a few months. Such developments could also be possible in 2025.
This coin could also be exciting now
In this context, it may be interesting to take a look at the WallStreet Pepe Memecoin project. At the current time, it is in the presale phase, where a total of 48 million US dollars have been raised - a strong value that speaks for a dedicated and convinced community.
Because WallStreet Pepe is not a simple 08/15 memecoin, but rather an attempt to create a community of investors interested in the capital market. This is particularly aimed against whales, who are said to have repeatedly caused retail investors to lose money in the past, while the big players enriched themselves (own statement according to the website). They advertise with the motto: "Join the WEPE token army - together, frogs are strong!"
Here is the link to the WallStreet Pepe Presale
In addition to the chance of price gains before the ICO at WallStreet Pepe, there is also the opportunity to earn staking rewards. These are currently estimated at 27 percent for the first three years, with the offer being so popular that already 30 billion tokens have been staked. This corresponds to around 15 percent of the total available quantity of 200 billion tokens.
By the way, the latter factor could have a significant impact on the price development of WallStreet Pepe during the ICO. Staked tokens are locked for trading for seven days after the event, which could potentially lead to an imbalance of supply and demand and possibly result in rising prices if there is sufficient buying pressure.
Here is the WallStreet Pepe Presale
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