Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $ 150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for …
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors, the bank expects gold to reach $ 2,700 per ounce by year’s end, pushed by non-traditional factors. Goldman Sachs Updates Gold Price Outlook to …
PRESS RELEASE. February 26th, 2024. Collective Forecast is proud to announce the launch of its innovative platform, which is set to transform market predictions by harnessing the collective wisdom of traders and influencers. At the core of Collective Forecast lies a diverse group of experienced traders hailing from various corners of the globe, each boasting […]
In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $ 15,000 to $ 45,000 per bitcoin. As of the initial week of January 2024, bitcoin’s trading value reached $ 47,000, coinciding with the approval of 11 spot bitcoin exchange-traded …
As 2023 winds down with bitcoin soaring by 165% since January, numerous luminaries, visionaries, speculators, and market players predict that the leading cryptocurrency’s value will soar even higher in 2024. This week, Markus Thielen, leading Matrixport’s research division, shared insights expecting approval for a spot bitcoin exchange-traded fund (ETF) come January and highlighted that BTC’s […]