Altcoins
Here’s When Bitcoin and Altcoin Prices Could Really Go Parabolic, According to Coin Bureau’s Guy Turner
Coin Bureau channel host Guy Turner predicts a bullish outlook for Bitcoin (BTC) and other crypto assets over the coming months.
Turner tell According to the 2.44 million subscribers of Coin Bureau’s YouTube channel, Bitcoin and other crypto assets are about nine months away from seeing massive gains.
The fact is that BTC and altcoins will likely end the year much higher than their recent prices. This means new all-time highs for BTC which could be closer to $100,000 and all-time highs for most altcoins, not just meme coins. It is in 2025 that prices could truly become parabolic.
Bitcoin is trading at $67,169 at the time of writing.
On what informs his bullish thesis for crypto prices in 2025, the Coin Bureau host says:
“Besides the fact that there will be more political certainty in the United States and perhaps geopolitical certainty by extension, it is very likely that most central banks will reduce interest rates by 2025. In the At the same time, they will be legally allowed to hold cryptocurrencies on their balance sheets.
According to Turner, volatility will likely distinguish this crypto market cycle from all previous ones.
“From our perspective, it seems more likely than not that the crypto market will surprise on the upside regardless of inflation adjustments. Indeed, this crypto market cycle is the first where institutional capital can easily flow into the market. This will probably be the biggest we’ve seen so far. Remember that a slowdown will occur eventually. And when that happens, the outputs will be just as important.
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