CleanSpark CEO Predicts Bitcoin Surge to Nearly $200,000 within 18 Months

COINOTAG news reported on September 30, with insights from TheBlock. CleanSpark’s CEO Zach Bradford anticipates Bitcoin approaching $200,000 in this market cycle. “Based on current analyses, Bitcoin might peak slightly under $200,000 within the next 18 months,” Bradford shared, emphasizing a potential rapid market surge that could sustain before reentering a bear market phase. He further noted, “Post-halving, Bitcoin prices have historically appreciated due to capital flows and election cycles. We might witness a significant price uptick post-election, extending to January. The Federal Reserve’s delayed interest rate cuts could lead to more aggressive measures in the coming 15 to 16 months, favoring Bitcoin.” Bradford highlighted CleanSpark’s strategy of selling Bitcoin near its peak and accumulating more during recessions. Since June 2023, CleanSpark has retained 97% of its mined Bitcoin, currently holding nearly 8,000 BTC (about $509 million), prepping for a sale in the next bull market.

CleanSpark CEO Predicts Bitcoin Surge to Nearly $200,000 within 18 Months

Other Breaking News

Binance Life Surges Over 20% in 24h, Market Cap Reaches $107M, Price at $0.107

WLFI Surges 50% on USD1 Stablecoin Optimism as ETH Short-Squeeze Bets Grow in a Rebounding Market

MON Mainnet Rally: Hyperliquid’s Largest MON Long Whale Records 110% Unrealized Gain on a 3x Leveraged Position

Ethereum Could Dip to $2,500 in the Short Term but Could Surge to $7,000–$9,000 by January Next Year, Says BitMine CEO Tom Lee

Follow Us