Altcoins
Bernstein predicts $150,000 BTC in 2025; Whales Continue to Reclaim Rollblock (RBLK) and Binance Coin (BNB)
A number of factors were listed by Bernstein analysts as they doubled their Bitcoin (BTC) price target from $150,000 for 2025. Meanwhile, whale interest has turned to two of the best altcoins, Roller block (RBLK) and Binance Coin (BNB). Let’s see how high these altcoins can reach in this bull cycle.
Bitcoin (BTC) will reach $150,000 by 2025, Bernstein analysts predict
While Bitcoin (BTC) has retreated somewhat in recent weeks and is just hanging on at the $68,000 level, Bernstein analysts are convinced that the world’s leading cryptocurrency “is far from finished.” Analysts at the wealth management firm have doubled down on their earlier predictions that the price of Bitcoin would reach $150,000 by the end of 2025.
Bernstein analysts Gautam Chhugani and Mahika Sapra wrote that Bitcoin could achieve this goal as metrics suggest we are in a “healthy cycle, still in its early stages.” They also cited the strong inflows into BTC and the consistent halving rate as reasons why Bitcoin is a good cryptocurrency to buy now.
Whales swallow Rollblock (RBLK) in anticipation of a big move
Roller block (RBLK) is a next-generation GambleFi platform that is expected to generate massive profits with potential returns of 50x during launch. This DeFi project’s revenue sharing model via a percentage of funds raised and its innovative approach have attracted the attention of whales, who have gone on a buying spree for RBLK tokens over the past few weeks.
The team announced that up to 30% of its weekly revenue will be used to repurchase RBLK tokens on the open market. Half of the tokens purchased will be used to support the value of the RBLK token and burned forever. The other half will be issued as rewards to those who stake RBLK, providing some of the best passive income opportunities in the crypto space. Over 46 million RBLK tokens have been purchased by whales as they expect RBLK to be the best crypto investment in this bull cycle.
Another reason why whales have shown massive interest in RBLK is its fully licensed and operational online gaming platform. On the Rollblock platform, players can access over 150 high paying casino games, with an added bonus. Operating on a blockchain, this DeFi project brings the highest level of fairness and transparency to the gambling industry.
Market experts are optimistic that this can help Rollblock onboard a massive number of existing and new players in the crypto space. This is why RBLK, the platform’s native token, is ranked as the best crypto investment for this bull cycle, with a potential price increase of 50x before the end of the year. Still priced at $0.012 in its second presale stage, you still have a great chance to join the whales going on a RBLK buying spree.
Binance Coin (BNB) is loading with an all-time high in sight
So far in 2024, Binance Coin (BNB) has been one of the top altcoins that has come close to surpassing its ATH on several occasions. The high of $681 recorded in May 2021 has held, with the closest Binance Coin price has been reached this year being $640 in March.
However, on-chain data shows that whales have loaded up on BNB tokens as the altcoin continues to trend around the $600 mark. Binance Coin’s remarkable stability has remained around $600 for most of the past three months, leading analysts to predict a new ATH. According to the analysis of Crypto-scientistBNB could trade as high as $1,000, making it one of the top cryptocurrencies to buy now.
In conclusion
Bernstein analyst forecasts for Bitcoin confirm that we still have a long way to go in this bull cycle. Binance Coin and Rollblock are two promising altcoin whales looking to capitalize on this bull cycle. While BNB looks to establish a new ATH, RBLK looks to dominate the bull cycle with a 50x soaring prices, potentially making it the best investment option.
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