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BitcoinSistemi 2025-02-14 15:41:08

Bitcoin (BTC) Expects This Level for June! Will the Bullish Rise Continue?

Bitcoin (BTC) Expects This Level for June! Will the Bullish Rise Continue?

The leading cryptocurrency Bitcoin (BTC) has been trading below $100,000 for about the last 10 days. As uncertainty in BTC continues, one analyst says the chances of Bitcoin rallying to $125,000 by the end of June are increasing. Dr. Sean Dawson, head of research at on-chain options protocol Derive, said in a recent report that Bitcoin’s chances of reaching $125,000 by the end of June have increased from 41.9% to 44.4%. While BitMEX co-founder Arthur Hayes expects Bitcoin to drop to the $70,000-$75,000 range before the rally begins, Dawson noted that the probability of BTC falling to $75,000 before June has dropped from 17.8% to 12.1%. Market analysts like Dawson also expect Bitcoin to rise in 2025. At this point, VanEck analysts predict that the bull market will reach its mid-term peak in the first quarter of 2025, then reach all-time highs towards the end of the year. VanEck predicts that at the peak of the cycle, Bitcoin will trade around $180,000, while Ethereum (ETH) will trade above $6,000. Standard Chartered analysts expect Bitcoin to reach $200,000 and Ethereum to reach $10,000 by the end of 2025. Although Arthur Hayes expects Bitcoin to drop to $70,000-75,000, he expects it to continue its upward trend and rise to $250,000 by the end of the year. Related News: BitMEX Former CEO Arthur Hayes Warned! "Bitcoin Could Fall to These Levels Before Resuming Its Rise!" *This is not investment advice. Continue Reading: Bitcoin (BTC) Expects This Level for June! Will the Bullish Rise Continue?

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