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Cryptocurrency News Articles
Bitcoin Price Predictions: Quantile Model Challenges $1 Million BTC by 2025 Target, Forecasts $300K by 2029
Jan 10, 2025 at 12:00 am
Bitcoin's price predictions for the next few years vary widely, with some hoping for $1 million by 2025. However, the Quantile Bitcoin model presents a more conservative outlook.
Bitcoin price predictions for the next few years vary widely, with some hoping for $1 million by 2025. However, a new model presents a more conservative outlook.
According to the Quantile Bitcoin model, reaching $1 million by 2025 would require an extraordinary market event, given Bitcoin’s historical price fluctuations.
The model predicts a more gradual growth path, suggesting that Bitcoin would likely remain within a specific price range over the next few years.
The Quantile model forecasts that Bitcoin could reach $300,000 by 2029, with a 50% chance of hitting $1 million by 2034 and $3 million by 2039.
This challenges predictions like Cathy Wood’s, which suggest $650,000 to $1.5 million for Bitcoin by 2030, with the model indicating only a 20% chance of reaching $650,000 by then.
The Quantile model highlights the difficulty in precisely predicting Bitcoin's future price, presenting a range of possibilities based on historical data.
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- Jan 10, 2025 at 09:25 am
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- Bitcoin Faces Unprecedented Pressure as the Cryptocurrency Market Continues to Experience a Steep Downtrend
- Jan 10, 2025 at 09:00 am
- The cryptocurrency market continues to experience a steep downtrend, marking its third consecutive day of losses. Bitcoin (BTCUSD), the market leader, has fallen approximately 12% over this period, crossing below a critical support level not breached in the last 50 days.
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- XRP Token (XRP/USD) from Ripple Has Been One of the Top Gainers in the Cryptocurrency Sector and Could Be Benefiting from the 2024 Election Won by Donald Trump
- Jan 10, 2025 at 09:00 am
- Ripple Labs executives have also met with Trump, prompting optimism for its future. Here's a look back at another president connected to Ripple and how much
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- Q1 2025 Crypto Predictions: Can The XRP Price Hit $11, Or Will WallitIQ (WLTQ) Outperform With 55,000% Returns In 16 Days?
- Jan 10, 2025 at 09:00 am
- The first quarter of 2025 is shaping up to be a pivotal moment for the crypto market for the rest of the year. The upcoming Trump inauguration is expected to be a bullish event, as the President-elect has teased several favorable crypto policies.
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