Bitcoin Price Forecast: $130k-$150k Target According to Analyst

Quick Summary:

Analyst Peter Brandt says to watch key levels as the cryptocurrency reaches for its peak, expected between $130,000 and $150,000 by late 2024.

Bitcoin’s price is in a critical phase of its bull market cycle.

Bitcoin’s price has moved in cycles tied to its halving events, which reduce mining rewards and often cause supply scarcity.[…]

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Article Details

Author / Journalist: Izabela Anna

Category: Crypto

Markets: India

Topics: Bitcoin Market News Price Analysis Cryptocurrency Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 06:30:00 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 131 words

Reading Time: 1 minutes read

Sentences: 56 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23468391

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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