Bitcoin’s Future: $100,000 Ceiling or $500,000 by 2025? Experts Weigh In

Peter Brandt, a veteran commodities trader with many years of experience, is at it again. In a recent post on X (formerly Twitter) Brandt is calling out the conventional wisdom that Bitcoin will plateau at $100,000.

He says this is conventional wisdom. When conventional wisdom is the narrative, it’s usually wrong.

Brandt’s approach is contrarian. “When conventional wisdom becomes conventional I do the opposite” he says, implying he thinks Bitcoin will go beyond $100,000.

This comes as Bitcoin is getting volatile again. Over the weekend BTC fell from $95,500 to $95,860 then bounced 3.2% to $98,920. Now it’s at $97,215, down 1.65% on the day.

 

BTC/USD

Can Bitcoin Reach $500,000? Kiyosaki’s Big Call

While some are focused on $100,000 others like Robert Kiyosaki are looking higher. The “Rich Dad Poor Dad” author recently said Bitcoin could reach $500,000 by 2025. He didn’t say which AI tool he used but his prediction aligns with his long term view of Bitcoin as a hedge against the existing financial system.

Kiyosaki also mentioned he’s going to follow Michael Saylor’s “strategic Bitcoin plan” of buying BTC steadily. Despite last week’s all time high of $99,500 he’s still bullish but will stop buying if Bitcoin gets to $100,000.

Looking further out he’s in line with Saylor’s big picture, Bitcoin will be $13 million a coin in 10 years.

Technical Outlook: Is Bitcoin’s Rally Losing Steam?

Bitcoin’s recent struggles with breaking above $100,000 reflect underlying market dynamics. On the 4-hour chart, the cryptocurrency has slipped below its ascending channel, raising questions about the sustainability of its rally. Key levels to watch include:

Bitcoin Price Chart - Source: Tradingview
Bitcoin Price Chart – Source: Tradingview

  • Immediate Resistance: $95,074

  • Next Resistance Levels: $98,396 and $100,296

  • Support Zones: $93,000, with deeper levels at $92,610 and $90,806

The Relative Strength Index (RSI) currently stands at 49.39, leaning toward bearish momentum after slipping below the 50-mark. Furthermore, the 50-day Exponential Moving Average (EMA) suggests additional overhead resistance, signaling a cautious short-term outlook.

For Bitcoin to regain its bullish momentum, reclaiming the $95,074 pivot level is crucial. A break above this level would pave the way for a test of $98,396, while failure to hold $93,000 may trigger further declines toward $90,806 or even $88,804.

Key Takeaways:

  • Peter Brandt’s View: Market expectations of a $100,000 Bitcoin plateau are overly simplistic; contrarian traders expect more upside.

  • Kiyosaki’s Prediction: Bitcoin could skyrocket to $500,000 by 2025, with an AI-backed forecast fueling optimism.

  • Technical Trends: Bitcoin is battling key resistance levels, with the RSI reflecting bearish momentum and downside risks below $93,000.

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ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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