{"id":480310,"date":"2024-02-13T14:28:37","date_gmt":"2024-02-13T14:28:37","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=480310"},"modified":"2024-02-13T14:28:37","modified_gmt":"2024-02-13T14:28:37","slug":"bitcoin-price-prediction-top-analyst-sees-btc-price-soaring-as-high-as-600k-in-extended-bull-run-as-this-bitcoin-derivative-ico-nears-11-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-top-analyst-sees-btc-price-soaring-as-high-as-600k-in-extended-bull-run-as-this-bitcoin-derivative-ico-nears-11-million","title":{"rendered":"Bitcoin Price Prediction: Top Analyst Sees BTC Price Soaring As High As 600k In Extended Bull Run As This Bitcoin Derivative ICO Nears $11 Million"},"content":{"rendered":"
The Bitcoin price has surged nearly 5% in the last 24 hours to trade at $50,122 as of 4:50 a.m. EST time.<\/p>\n
Trading volume soared nearly 100% amid broad market optimism after the BTC price breached the $50,000 milestone<\/a>, a level last seen in December 2021.<\/p>\n The surge saw nearly $135 million in short positions liquidated against around $65 million in long positions.<\/p>\n BTC Liquidations, Source: Coinglass<\/a><\/p>\n In a Tuesday post on X, advisor and early Bitcoin evangelist Tuur Demeester said the Bitcoin price could shoot to $600,000 by 2026.<\/p>\n In '21 bitcoin topped at $69k. I'm targeting $200-$600k by 2026. Fueled by $ trillions in global bailouts\/stimulus. https:\/\/t.co\/ULslIMgzee<\/a><\/p>\n — Tuur Demeester (@TuurDemeester) February 12, 2024<\/a><\/p><\/blockquote>\n<\/a><\/p>\n
Bitcoin Price To Hit $600,000 In An Extended Bull Run, Top Analysts Says<\/h2>\n
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