Crypto Analysts Predict $BTC Bull Run Toward $400K - CoinPedia Analytics

Irma - Sep 24 - - Dev Community

Bitcoin (BTC) has followed its four-year cycle marked by halving events, gaining trust from both retail and institutional investors. Experts now see Bitcoin on the verge of becoming a reserve currency, potentially used to settle global national debts, which have surpassed $300 trillion. Its price performance has consistently outpaced gold, reinforcing its market position.

Crypto analyst Ali Martinez predicts a bullish phase for Bitcoin, forecasting a cycle high of $400k based on the power law model. Similarly, PlanB’s stock-to-flow model suggests a major bull run in the coming months, showing Bitcoin's strength and long-term potential.

As global economies like the US, Canada, and China initiate interest rate cuts, Bitcoin is attracting more liquidity. The de-dollarization trend, supported by the BRICS movement, has boosted Bitcoin's adoption as a reserve currency, with MicroStrategy and El Salvador leading successful Bitcoin strategies that have inspired other nations and companies.

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