Top Crypto Analyst Unveils Strategy To ‘Make Millions’ By March 2025

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The landscape is very strong here for Bitcoin from a TradFi perspective.” Despite this momentum, Bitcoin is lagging behind gold, which has surged 30% above its yearly high to $2,700 per ounce.“Bitcoin is still sitting 10% below its yearly high,” Deutscher points out.“If Bitcoin were to catch up to the current price performance of gold this year, that would indicate a Bitcoin price of $96,400, which would be absolutely insane.” Related Reading: Crypto Craze: Investor Nets A 3,360% Gain, Turning $86,000 Into $3.75 Million Deutscher also discusses the potential impact of macroeconomic factors and political events on Bitcoin’s trajectory.

It honestly looks primed for expansion for another leg potentially to take us to that $100,000 zone.” He attributes this bullish consolidation to significant inflows into Bitcoin ETFs, signaling increased interest from traditional finance investors.“Over $2 billion worth of inflows into the Bitcoin ETFs last week,” Deutscher reports.“We also saw, to end the week, another additional $273 million flowing into the Bitcoin ETF.

The Start Of The Bitcoin Bull Run First, Deutscher highlights the bullish outlook for Bitcoin, particularly on the monthly chart.“We have been consolidating above the high that we made in 2021 in February for a matter of eight months now,” he notes.“On the higher time frames, Bitcoin looks really, really good.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustria

Topics: Crypto news Best Altcoins 2025 Crypto Top Memecoin Best Memecoins Best Altcoins To Buy Now Cryptocurrency Market News Bitcoin Top Altcoins 2024 Miles Deutscher Top Altcoins 2025 Btc

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 12:00:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 1160 words

Reading Time: 7 minutes read

Sentences: 84 lines

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