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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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Bitcoin Price Prediction: Will BTC Rebound After $95K Drop?

Story Highlights
  • Bitcoin price is currently experiencing a decline, with the possibility of further drops below $90k.

  • While bearish sentiment dominates, the MVRV indicator suggests a potential rebound.

  • Despite current bearishness, long-term factors like mainstream adoption, institutional investment, govt support suggests a bullish future.

Bitcoin (BTC) slid below $95,000 during Wednesdayโ€™s mid-morning New York trading session, reinforcing short-term bearish sentiment. The cryptocurrency has struggled to regain upward momentum since mid-November, leaving investors wondering whatโ€™s next.

The upcoming second inauguration of pro-crypto President-elect Donald Trump has created excitement in the market. However, analysts caution this could turn into a โ€œsell-the-newsโ€ event, with the hype prompting profit-taking. Adding to the uncertainty, Bitcoinโ€™s Futures Open Interest (OI)โ€”a measure of midterm market expectationsโ€”has been flat for two months, signaling hesitation among traders.

Will Bitcoin Fall Below $90K?

Concerns are growing that Bitcoin could dip below $90,000 in the days ahead. Yet, thereโ€™s hope for a turnaround based on the Market Value to Realized Value (MVRV) indicator, which is currently above the 1-year Moving Average (MA) of 2.18. Historically, this suggests a potential rebound may be coming.

Bitcoinโ€™s price has only traded above a 3.2 MVRV ratio on 5% of days in its history. This level, often linked to โ€œextreme euphoria,โ€ could push Bitcoinโ€™s value to approximately $132,000 if reached, according to Glassnode.

Market Picture

Despite recent struggles, Bitcoin continues to attract interest from institutional investors. Confidence in Bitcoin as a reliable store of value is rising, and more funds are expected to flow from traditional assets like gold into the cryptocurrency.

Additionally, the Trump administration has hinted at adopting a strategic Bitcoin reserve for the U.S., a move that could inspire other nations to follow El Salvadorโ€™s lead. With growing demand from long-term investors, Bitcoinโ€™s limited supply could drive further price increases.

For now, all eyes are on whether Bitcoinโ€™s next big move will confirm the anticipated rebound or extend its bearish trend further.

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FAQs

What is the realistic Bitcoin price prediction for 2030?

Predictions for 2030 vary, but analysts foresee Bitcoin potentially surpassing $500k, driven by adoption, scarcity, and institutional demand.

How much will 1 Bitcoin be worth in 2050?

By 2050, Bitcoin could reach $1M+ driven by finite supply, global adoption, and institutional investment, though predictions remain speculative.

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