🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Analysts Predict Bitcoin’s Value Will Range Between $42K and $250K

Published 26/10/2023, 13:24
© Reuters Analysts Predict Bitcoin’s Value Will Range Between $42K and $250K
BTC/USD
-

Coin Edition -

  • Several prominent financial institutions have shared predictions for Bitcoin’s price if the Bitcoin Spot ETF applications are approved.
  • These predictions range from a low of $42,000 to a high of $250,000.
  • The highest prediction claimed that Bitcoin could reach $250,000 in the next cycle.

The whole crypto community is anticipating the approval of the Bitcoin Spot ETF applications, and some companies shared their predictions about the price of Bitcoin if the applications were approved. CoinMarketCap shared the forecasts of five different finance companies that believe that the bitcoin price could reach new highs.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.