Analyst Predicts Bitcoin at $200K, Ethereum at $15K in 2024 Bull Run
coinedition.com 01 August 2024 11:36, UTC Crypto influencer and trader since 2014, Ash Crypto, has predicted a significant Bitcoin price surge, stating that the world’s largest digital asset, Bitcoin (BTC), will hit a price tag of $150,000 to $200,000 in the next year.
Ash Crypto also forecasts Ethereum’s price prediction to reach $10,000 to $15,000, making it a potential bull run for the second-largest digital asset by market cap.
My targets for next 12 months:$BTC: $150k-$250k$ETH: $10k-$15k$BNB: $1,000-$1,400$SOL: $450-$650$XRP: $3-$5$DOGE: $1$DOT: $100-$120$LINK: $250-$500$AVAX: $200-$300$PEPE:$0.00009000$WIF : $10$ICP: $100-$150$INJ: $120$TIA: $100-$150$MANTA: $30-$60
Did I miss any?
— Ash Crypto (@Ashcryptoreal) July 31, 2024
As per CoinMarketCap, the current price of BTC stands at $64,300 while that of ETH is $3,171. The leading digital currencies saw a boost in their prices after the United States Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs) in January and spot Ethereum ETFs in July.
With the recent occurrences of the Ethereum Merge and the Bitcoin halving, both the digital assets are due a bullish rally. However, in the past year, BTC rose 122.42% while ETH’s price surged by 72.85% and investors expect additional gains with the approval of spot ETFs and institutional adoption.
According to Ash Crypto, by the end of next year, leading crypto exchange Binance’s BNB token will trade between $1,000-$1,400; Solana (SOL) will surge to $450-$650; XRP’s price will rise to $3-$5; Polkadot (DOT) will trade between $100-$120; Chainlink (LINK) will rise to $250-$500 price levels; and Avalanche (AVAX) will reach $200-$300.
On the other hand, leading meme coins are expected to reach higher prices as well. Ash Crypto predicted that Dogecoin (DOGE) will reach $1; Pepe (PEPE) will touch $0.00009000; and Dogwifhat (WIF) will trade around $10. However, the trader did not predict the price of Shiba Inu (SHIB), the second-largest meme coin by market capitalization. Also, Cardano (ADA) wasn’t mentioned in the list.
A Cardano enthusiast said in an X post that ADA will print significant gains in this cycle just like in the previous bull market, asking investors to wait until the fourth quarter of the year.
Some other altcoins mentioned by Ash Crypto include Internet Computer (ICP), which is expected to trade between $100-$150; Injective (INJ), which is predicted to reach $120; Manta Network (MANTA), which will reach $30-$50 price levels; and Celestia (TIA), predicted to trade between $100-$150.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
