Bitcоin

Bitcoin’s ‘Real Fun’ Awaits in 2024-2025, Crypto Analyst Expects Major Upswing

A highly popular crypto analyst has recently shared some intriguing insights on Bitcoin’s future price action, hinting at potential investor opportunities in the coming years.

Earlier today, pseudonymous crypto analyst and influencer “Kaleo” (@CryptoKaleo) told his over 570K Twitter followers about his bullish outlook on Bitcoin’s price, suggesting it could soon surpass $30,000 after a minor dip. Kaleo warned bears against shorting the market, as they risk getting “blown out.” He emphasized that dips should be viewed as opportunities rather than setbacks.

Andddd it’s dipping –

Remember that this dip is a gift.

It might be the last opportunity you get to stack more BTC before we’re above $30K. pic.twitter.com/NYsysU8nDb

— K A L E O (@CryptoKaleo) March 30, 2023

And yesterday (March 29), Kaleo shared his long-term perspective on the crypto market, predicting that the “real fun” for Bitcoin and the entire crypto space will likely occur between 2024 and 2025. He remains highly confident in the potential for growth and opportunity within the NFT marketplace, stating that NFTs are not dead but merely “dormant.”

FWIW – I’m bullish now, but I still believe the real fun happens for BTC / crypto in the second half of 2024 through 2025.

I’m still also incredibly confident the NFT marketplace will have the highest growth and opportunity in the space.

NFTs aren’t dead. Just dormant.

— K A L E O (@CryptoKaleo) March 29, 2023

Another very popular pseudonymous crypto analyst, “Pentoshi,” told his over 682K Twitter followers about Bitcoin’s dominance over altcoins in the last two months:

$BTC. Dom

Going to take a look at some alt/ btc pairs tomorrow w/ Alt/USD confluence and see what we might find as we come into this area. Btc basically had this rally to itself

Avg alt underperformed BTC by anywhere from 20-40% in last 2 months. https://t.co/UMFTwFvjce pic.twitter.com/lvvG7AYwWo

— Pentoshi 🐧 (@Pentosh1) March 30, 2023

As of 9:28 a.m. UTC on March 30, data from TradingView shows Bitcoin trading at around $28,571 on Bitstamp, a 0.42% increase within the past 24 hours. Bitcoin has demonstrated an impressive ROI of +24.10% over the past 30 days and +72.90% year-to-date.

Source: TradingView (One-Day BTC-USD Price Chart)

Source: TradingView (Three-Month BTC-USD Price Chart)

Image Credit

Featured Image via Pixabay

   

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