The post Analysts Post Thrilling Bitcoin Price Predictions for 2025: Where’s the Top? appeared on BitcoinEthereumNews.com.

The little orange cryptocurrency was one of several digital assets in this segment that walloped 2024 gains from investing in US stocks like those in the S&P 500 Index or Nasdaq Composite. Others, like Ripple’s XRP tokens for international settlements between large institutions, performed even better than Bitcoin. XRP was up 247% by Christmas Day in December. It notched 271% for the entire year on Wednesday. But here’s how some leading crypto market analysts expect Bitcoin’s price to carry through some point over the 2025 calendar year. For a basis of reference, Bitcoin traded at an average crypto exchange rate of $94,700 Wednesday evening US Eastern Time, according to data from CoinGecko. Bitcoin Price Predictions: $80,000 – $160,000 Peter Brandt: $78,000 Brandt made a prediction on Sunday, Dec. 29, targeting a big drop in Bitcoin’s price to the $78,000 level, based on a 45-day head and shoulders top pattern. This is a head and shoulders top pattern. It might complete and take price to $78,000; it might fail with a thrust hire: or, it might morph into something else. But as it stands right now, it is a head and shoulders top and must be chartist dealt with for what it is. pic.twitter.com/b9AUUO7ddL — Peter Brandt (@PeterLBrandt) December 29, 2024 If he’s right, BTC will have to take one step back before it advances toward the more bullish price targets for 2025. But Brandt also cautioned in the comment thread on his post, “Charts do NOT predict anything. Charts merely suggest possibilities.” The famous stock chart technical analyst is bullish for XRP in 2025, but his outlook for Bitcoin’s price is bearish. CoinShares: $80,000 European crypto hedge fund CoinShares’ head of research, James Butterfill, recently told CNBC that $150,000 BTC is possible in 2025. But he said a bearish correction…

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Filed under: News - @ January 4, 2025 3:23 pm