In accordance with Coinotag, analysts predict Bitcoin’s next rally could begin in weeks, potentially reaching new highs by January 2025 amid favorable policy shifts from the Federal Reserve and Bank of Japan. Experts view the recent price dip as a precursor to recovery rather than a cycle end. Fundstrat’s Tom Lee forecasts a new all-time high above $125,000 as early as January, driven by policy catalysts. Historical patterns from Fed and BOJ actions suggest a December dip followed by a strong January rebound, per analyst Benjamin Cowen. On-chain data shows increasing accumulation by long-term holders during dips, a bullish indicator that has preceded four of the last five major uptrends since 2020.
Analysts Predict Bitcoin Rally in Weeks Amid Fed and BOJ Policy Shifts
CoinotagShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.