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Bitcoin could reach a summit of $ 210,000 at the end of this year, explains a new set of predictions by a leading quantitative commercial company. Research manager in Presto, Peter Chung, did this radical prediction in an interview with CNBC on April 28.
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Institutional money and global liquidity stimulate optimistic perspectives
THE Haussier price target is based on the increase in the purchase of a large Bitcoin institution and the increase in world cash flows. Chung believes that these two factors will send the Bitcoin price higher than ever.
Bitcoin experienced difficult times, but corrections were the necessary progress towards consumer acceptance, explained Chung in the interview. He called Bitcoin a two -sided room: it is an asset “at risk” in confident markets, but becomes “digital gold” under financial stress.
Bitcoin’s response to economic stress tests
As Chung noted, the story revealed how Bitcoin reacts in times of crisis. The Russian-Ukraine War in 2022, the collapse of the Silicon Valley Bank in 2023, and the recent market tension all put the Bitcoin position as risky investment or refuge to the test.
Although Bitcoin has not rocket as gold in the middle of the recent market stress, Chung expects it to “catch up” and surpasses at the end of the year. Such responses to global crises are rare but interesting to reveal on the evolution of the role of bitcoin in the financial system.
The MVRV ratio points around $ 210,000 target
The prediction of $ 210,000 is not a wild supposition. Chung first discussed this objective last January, using a particular metric known as the name of Market value at the value achieved Ratio (MVRV). The latter compares the current market value of Bitcoin at the average price of parts that have evolved.
Presto estimated the value made of Bitcoin for 2025 and used a 3.5x historic multiple to reach their target. Financial analysts tend to use this ratio to identify the extremes of the market and possible turns.
Meanwhile, analysts attribute growing activity by “Whales” – Large crypto holders – as an indicator of high market confidence. Such important investors continue to buy bitcoin even at existing prices. They believe that if this rhythm continues, BTC could increase even more than the current projection, reaching $ 300,000 to $ 500,000.
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Other experts predict similar or higher prices
Obviously, it is not the only presto that provides that Bitcoin can really be Six -digit brand. Robert Kiyosaki, the famous author of the book “Rich Dad Poor Dad”, also plans that the crypto can reach the brand from $ 180,000 to $ 200,000 in 2025.
For the future of a few more years, Kiyosaki predicted that Bitcoin will reach the magic number of $ 1 million in 2035.
Although these forecasts indicate a deep optimism on the cryptography markets, it must be remembered that in the end, the prices of cryptocurrencies always fall under extremely volatile conditions, regardless of significant analyzes and trends.
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