Altcoins
Bernstein Predicts $150,000 in BTC in 2025; Whales Continue to Collect Rollblock (RBLK) and Binance Coin (BNB)
Analysts at Bernstein listed a number of factors as they doubled their Bitcoin (BTC) price target of $150,000 for 2025. Meanwhile, whale interest has turned to two major altcoins, Rollblock (RBLK) and Binance Coin (BNB). Let’s find out how high these altcoins can go in this bull cycle.
Bitcoin (BTC) Will Reach $150,000 by 2025, Bernstein Analysts Predict
While Bitcoin (BTC) has recovered somewhat in recent weeks and has just clung to the $68,000 level, Bernstein analysts are convinced that the world’s leading cryptocurrency “is far from over. Analysts at the asset management firm have doubled their previous predictions that Bitcoin’s price will reach $150,000 by the end of 2025.
Bernstein analysts Gautam Chhugani and Mahika Sapra wrote that Bitcoin could achieve this goal because metrics suggest we are in a “healthy cycle, still in its early stages.” They also cited strong inflows into BTC and the steady halving rate as reasons why Bitcoin is a good cryptocurrency to buy now.
Whales Gulp Up Rollblock (RBLK) in anticipation of a big move
Rollblock (RBLK) is a next-generation GambleFi platform set to deliver huge profits potential 50x returns at launch. This DeFi project’s revenue sharing model through a percentage of the funds raised and its innovative approach have attracted the attention of whales, who have been on a buying spree of RBLK tokens in recent weeks.
The team announced that up to 30% of its weekly revenue will be used to buy back RBLK tokens from the open market. Half of the purchased tokens will be used to support the value of the RBLK token and burned from the supply forever. The other half will be issued as a reward to those who bet on RBLK, offering some of the best passive income opportunities in the crypto space. Over 46 million RBLK tokens have been purchased by whales as they expect RBLK to be the best crypto investment in this bull cycle.
Another reason why whales have shown huge interest in RBLK is its fully licensed and operational online gambling platform. On the Rollblock platform, players can access over 150 high-paying casino games, with an added bonus. Operating on a blockchain means this DeFi project brings the highest level of fairness and transparency to the gambling industry.
Market experts are optimistic that this can help Rollblock integrate a huge number of existing and new gamblers into the crypto space. That’s why RBLK, the platform’s native token, is ranked as the best cryptocurrency investment for this bull cycle, with a potential price increase of 50x before the end of the year. Still priced at $0.012 in its second presale phase, you still have a great chance to join the whales who are on a RBLK buying spree.
Binance Coin (BNB) charges ahead with an all-time high in sight
So far in 2024, Binance Coin (BNB) has been one of the top altcoins that has come close to surpassing its ATH several times. The peak of $681 recorded in May 2021 has remained, while the closest price Binance Coin has reached this year was $640 in March.
However, on-chain data shows that whales are loading up on BNB tokens as the altcoin continues to move around the $600 mark. Binance Coin’s remarkable stability has remained around $600 for much of the past three months, leading analysts to predict a new all-time high. According to the analysis of Cryptocurrency scientistBNB could trade for as low as $1,000, making it one of the best cryptocurrencies to buy now.
In short
Bernstein analysts’ forecasts for Bitcoin confirm that we still have a long way to go in this bull cycle. Two promising altcoin whales that are looking to take advantage of this bull cycle are Binance Coin and Rollblock. While BNB tries to establish a new high, RBLK tries to dominate the bullish cycle with a 50x increase in prices, potentially making it the best investment option.
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