The general cryptocurrency market (including BLURT) follows Bitcoin. And the BTC chart points at 2024 and 2025 being years of big gains! Before I get into that, here's a 10 year logarithmic price chart, with a horizontal blue line every 4 years:
This pattern has repeated from the very start around 2010, and has a lot to do with fundamentals, such as the "halving" cycle Bitcoin undergoes.
Notice what tends to happen at this point in the cycle - a sustained uptrend over the next 2 years. It happened in 2020/21, it happened in 2016/17, and it happened in 2012/3.
There will be pullbacks and corrections along the way, but it appears we are about to make a run for the $69k top. If history is any indication, that won't be a barrier for long. So where and when could the price peak in this cycle?
Higher and faster moves are certainly possible, but this is a conservative estimate, given past performance:
It shows a peak in the second half of 2025, somewhere around the $120k-150k level!
That would mean BTC is going to quadruple within the next 2 years. It appears that once again, now is a very good time to be holding Bitcoin.
What about BLURT?
My analysis shows BLURT (and other cryptos like HIVE) are following along with Bitcoin, except that Bitcoin is already pulling ahead:
Bitcoin normally leads into a bull run, and then the other smaller cryptos have their big move. That means late 2025 could be when BLURT finally breaks out to new highs over 0.1 USD.
What do you think? When will Bitcoin have its next move up, and how high will it go?
DRutter
The projected BTC price chart seems to say it will get to 100 to 150 grand within 2 years. And it does look fairly conservative compared to past bull runs. Of course history never follows a patter forever. But as they say 'the trend is our friend'.
After btc halving I believe the bull run will kick off and before that time btc must have reach around $40k-$45k range.
With the people in DC spending many times what they Should spend, inflation will continue to force all crypto up to ever higher levels! Rulers being out of touch with the people is what formed this Republic; and it may do so again...that seems likely. All this political instability, bodes well for crypto; as people try to get away from, the obese and dying dollar!
👍🎯🎉🥳🎉🤠💙🙏📖🙏💗
This year bull run with be massive considering the chart patterns that has been forming and the mass adoption of cryptocurrency is on the high side
There's a lot of momentum for crypto right now, so I'm expecting BTC to rise then Hive and Blurt will follow.
That'd be great! Knock on wood.
I predict the most beautiful moment will happen in November 2025, I'm very sure anyone can get 10x who buys today the top100 Altcoin on cmc
The implosion of the fed reserve scheme of 1913 (coming v. soon), will suck the liquidity out of all crptyo's. (many to $0).
The halving might give a last pump (dependent on things far bigger than crypto).
The bull market since BTC was marketed is entirely due to QE and ZIRP.
ALL of that it coming to an end.
If not in 2024, then soon after.
(blockchain is not new technology, the concept and trials of it, has been here for decades).
John Kenneth Galbraith
A Short History of Financial Euphoria:
"Those involved with the speculation are experiencing an increase in wealth – getting rich or being further enriched. No one wishes to believe that this is fortuitous or undeserved; all wish to think that it is the result of their own superior insight or intuition. As long as they are in, they have a strong pecuniary commitment to belief in the unique personal intelligence that tells them there will be yet more. Accordingly, possession must be associated with some special genius. Speculation buys up, in a very practical way, the intelligence of those involved. Only after the speculative collapse does the truth emerge. What was thought to be unusual acuity turns out to be only a fortuitous and unfortunate association with the assets."
My prediction:
DPoS will implode (after a rise due to the btc halving), then POS coins, and finally POW coins, in that order.
.....I hope that I'm incorrect, as it will enable me to learn something new.. (and cryto hodlers can increase their wealth).
“Everyone wants the truth until you tell it to them. Then, you’re an asshole.” –– George Carlin
We are all hoping for that and I can't see why it shouldn't happen, but we are living in a world of unpredictions at the moment.
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