Why The Bitcoin Price Won’t Hit $100,000 Again This Year
NewsBTC·- Bitcoin's target of $100,000 in 2026 faces skepticism as a crypto analyst, Alex Mason, suggests that current price action is trapped in a weakening ascending channel. - Despite appearing bullish, the channel demonstrates loss of momentum, with recent price movements indicating declining strength and potential for a downward trend. - With Bitcoin's support under pressure, a breakdown could lead to targets as low as $50,000 by July, while the chances of reaching $100,000 again before January 2027 are estimated at only 32%.Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst
Cointelegraph·- Bitcoin might decline to its February low of $60,000 if it fails to maintain support above $70,000, according to analyst Michael van de Poppe. - The crypto market remains divided on whether this price represents the cycle's bottom, while veteran trader Peter Brandt predicts potential further declines. - Meanwhile, recent Bitcoin ETF outflows suggest a possible market bottom, with significant reductions in total net assets over the last two weeks.Kiyosaki projects massive gains for gold, silver and bitcoin
MSN·- Kiyosaki warns of a potential 'everything bubble' that could lead to the greatest depression in history. - He forecasts that gold, silver, and bitcoin will rise as confidence in fiat currency diminishes. - While analysts suggest bitcoin could reach $150,000 by 2026, they acknowledge ongoing risks from market volatility.