Crypto expert KSI has shared his thoughts on Bitcoin’s potential trajectory.
Potential Ups and Downs
KSI predicts Bitcoin could reach $73K-$80K soon, followed by a dip to $50K-$60K. He suggests a “boring red summer” before things heat up in winter.
$100K by 2025?
KSI joins analysts predicting Bitcoin could hit $100K by the end of 2024 or even earlier.
Rekt Capital’s Analysis
Crypto analyst Rekt Capital believes Bitcoin will undergo a “multi-month re-accumulation” after the Halving, followed by a parabolic move. He suggests this accelerated cycle may be shorter than usual.
Current Market Status
At the time of writing, Bitcoin is trading around $67,400, up 4% in the last 24 hours.