{"id":137778,"date":"2024-09-23T20:30:01","date_gmt":"2024-09-23T17:30:01","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137778"},"modified":"2024-09-23T18:04:25","modified_gmt":"2024-09-23T15:04:25","slug":"could-bitcoin-hit-155000-by-year-end-heres-what-analysts-are-saying","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/could-bitcoin-hit-155000-by-year-end-heres-what-analysts-are-saying\/","title":{"rendered":"Could Bitcoin Hit $155,000 by Year-End? Here\u2019s What Analysts Are Saying"},"content":{"rendered":"

James Van Straten focuses on Bitcoin\u2019s<\/a><\/strong> performance during previous market cycles, particularly looking at the recovery since the lows following the FTX collapse in late 2022.<\/p>\n

He presented a chart demonstrating how Bitcoin’s current price movements closely resemble those from earlier cycles at similar stages. Van Straten emphasized that the consistency of price action from the cycle\u2019s bottom is a strong indicator, suggesting the current trajectory could mirror the last two cycles.<\/p>\n

He pointed out that both previous cycles experienced significant gains through September, leading to extended rallies that culminated in market peaks. This trend indicates that Bitcoin may be positioned for a substantial rise if it continues to reflect past behavior.<\/p>\n