Bitcoin Reaches $80,000, Predictions of $500,000 in the Coming Years

Since August 17, Bitcoin has risen from $62,000 to nearly $80,000. This occurred after the U.S. Treasury's decision to double its bond buyback. Experts predict that the price of Bitcoin could reach $500,000 in the coming years. Lin Alden, a macroeconomist, noted that negative factors have almost disappeared, and a slight increase could attract new buyers. Standard Chartered Bank expects Bitcoin to reach $100,000 by the end of 2026, while Matthew Sigel from VanEck believes that the correction is ending and the price could reach $100,000 next year. Coinbase forecasts $300,000 to $400,000 by 2030. However, experts warn that the bottom of the cycle may only be reached in the fall of 2026. Alexander Peresichan, CEO of Technobit, noted that Bitcoin could hold above $80,000 with sustained demand, but a correction is possible when profits are taken. He outlined two scenarios: an optimistic one - holding above $76,000 to $77,000, and a pessimistic one - a pullback to $74,000 to $75,000.

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