In a post on X, one crypto analyst thinks Bitcoin will reach $500,000 by mid-2025. However, even as prices trend higher, the rally won’t be smooth sailing, expecting some “scary” dips.
Bitcoin Is Shaky
The analysis is when Bitcoin prices appear shaky, characterized by sharp corrections.
The crypto industry rejoiced today on news that Bitcoin had broken its previous record for all-time highest (ATH) price. But whether the coin actually broke that record—and what the number to beat even was in the first place—depends on who you ask.