BREAKING
408d 13h ago

Galaxy Research Forecasts Bitcoin to Exceed $150,000 by Mid-2025, Driven by Institutional Adoption

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On December 28th, COINOTAG News reported insights from a recent Cointelegraph article concerning predictions by Galaxy Research about the future of Bitcoin. Analysts anticipate that Bitcoin could exceed the psychological threshold of $150,000 by mid-2025, with a potential surge to $185,000 by the end of that year. This bullish outlook is primarily driven by heightened adoption among institutional investors, corporations, and even national governments. Such widespread acceptance is projected to bolster Bitcoin’s market capitalization to approximately 20% of the total gold market capitalization, reflecting increasing confidence in digital assets as a viable alternative to traditional commodities. Investors and market participants should closely monitor these trends, as they may indicate a significant shift in the investment landscape towards cryptocurrencies.

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