Bitcoin Could Explode by Over 50%, New Predictions Say

Bitcoin could see a price explosion accoridng to the latest reports. Check out the new prediciotns about the price of the most important coin out there.

A brand new Bitcoin prediction is out, and you should check out the latest reports about this below.

A popular crypto analyst seems to be bullish on Bitcoin (BTC) based on historical precedence.

In a new video, the anonymous host of InvestAnswers said that Bitcoin could explode by about 54% from current levels to $45,000 if history repeats itself.

He also believes the fact that Bitcoin is currently displaying a similar pattern to the one seen during the 2018/2019 bear market, the popular crypto strategist says that Bitcoin could hit the price target in about a month from now.

“If this pattern repeats and we get this level, where I added a little red arrow… that means that by May 20th or about a month from now we could be at $45,000 again.

After that, there’s a bit of a breather, a bit of sideways movement, a bit of consolidation.”

According to the popular crypto strategist, another banking crisis, if it happens, could catalyze an even “faster” Bitcoin rally.

“As we’ve seen the crises in the banking system have actually fueled Bitcoin, as well as the regulatory choke point – it’s fueled Bitcoin. If that continues, who knows, another bank crisis – this could send this up faster.”

According to the Rich Dad Poor Dad author, Bitcoin will hit $500,000 by 2025, largely driven by the Federal Reserve loosening monetary policy and embarking on a money-printing spree.

“Giant crash coming. Depression possible. Fed forced to print billions in fake money.”

He continued and stated the following:

“By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & Silver Gods money. Bitcoin [is the] people’s money. Take care.”