There are currently some massive fluctuations in the crypto market, and the question for investors is: What could happen next for Bitcoin? Experts seem to be divided here. But will the price come to $50,000 or $1.5 million?
Expert predicts: Bitcoin to fall to $50,000
Bitcoin price briefly fell below $90,000 in the past few hours, leaving many investors fearful of a potentially stronger correction in the cryptocurrency. But so far there has been no setback and the price has recently recovered significantly. However, some experts remain skeptical and warn of a crash that could possibly follow.
A prominent example is Peter Brandt, an experienced trader, successful author and highly regarded technical analyst. He recently warned on X (formerly Twitter) that Bitcoin may face a correction to around $50,000. When it came to memes and altcoins, the expert was even more pessimistic, predicting a whopping 90 to 100 percent crash.
I say this after watching markets for 50 years. Some will do well from here on out. But too many fools will get too leveraged, miss the top and get blown in the next 50% correction in BTC, 90% correction in altcoins, 100% correction in memes https://t.co/o33Jnq4IHz
— Peter Brandt (@PeterLBrandt) January 6, 2025
Brandt is primarily based on the thesis that Bitcoin has experienced such growth in recent years that it is extraordinary and probably cannot be repeated. Consequently, many investors’ return expectations are exaggerated and risk management is inadequate. As a result, the analyst expects that especially the many leveraged investors could be off on the wrong foot.
But despite these short-term developments, Brand remains bullish on the digital currency in the long term, seeing a rally to $234,000 as realistic after the massive correction he predicts. This would mean an increase of 148 percent from current levels.
The majority of analysts positive – 1.5 million dollars by 2035
However, some analysts see no need for a correction for Bitcoin and are significantly more optimistic than Peter Brandt. Expert Timothy Peterson, for example, is particularly bullish. He had already been noticed before with correct forecasts about the development of Bitcoin.
Specifically, Peterson now expects the price of Bitcoin to rise to $1.5 million by 2035, which would be a price growth of 1,495 percent. For the analyst, the reason for this is a self-created network model that indicates continued extreme growth for the mother of all cryptocurrencies.
The year is 2035. Bitcoin is at – and you can hold me to this – $1.5 million. And somewhere someone is asking “Is now a good time to buy Bitcoin?” pic.twitter.com/BmuQnqlOSt
— Timothy Peterson (@nsquaredvalue) January 8, 2025
But even in the short term, some market observers are very optimistic about the development of the cryptocurrency. Even on Wall Street, experts such as strategist Tom Lee from Fundstrat or analyst firm Bernstein are predicting prices of $200,000 for Bitcoin this year. If this forecast is correct, the current bull market is probably far from over.
Consequently, it may be worthwhile to take a look at coins outside the mainstream, because in the last bull phase of 2020/2021, smaller projects like Memecoins in particular stood out as real sources of returns for investors. For example, the price of Dogecoin rose by several thousand percent within a few months. Such development may also be possible in 2025.
This coin can also get exciting now
In this context, it may be worth looking at Wall Street Pepe Memecoin Interesting project. This is currently in pre-sale, where 48 million US dollars has now been raised – a strong value that speaks for a committed and convinced community.
Because WallStreet Pepe is not a simple ordinary memecoin, but rather an attempt to create a community of investors interested in the capital market. This specifically targets whales, who in the past are said to have repeatedly ensured that private investors lost money while the big players got rich (their own statement according to the website). So you advertise yourself with the motto: “Join the WEPE token army – together frogs are strong!”
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Grinding. Stacking. Focused on the green. 🐸 ⚔️ pic.twitter.com/W0MbgCIoaL
— Wall Street Pepe (@WEPEToken) 14 January 2025
In addition to the chance of pre-ICO prize winnings on WallStreet Pepe, there is also the opportunity to earn with stake rewards. These are currently set at 27 percent for the first three years, with the offering so popular that 30 billion tokens have already been staked. That represents about 15 percent of the total available amount of 200 billion tokens.
Incidentally, the latter factor may have a significant impact on the price development of WallStreet Pepe during the ICO. Because staked tokens are blocked from trading for seven days after the event, which could potentially lead to an imbalance in supply and demand and thus possibly increasing prices if there is corresponding buying pressure.
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