Bitcoin should be at $ 120,000


Dan Morehead, General Manager of the capital of Panter – Solid famous for its pioneer role in investments for the Digital Asset since 2013 – delivered a bold call for Bitcoin. According to more, the leading cryptocurrency in the world should trade above $ 120,000, potentially even outweighs $ 126,000, if recent political and regulatory development fully reflected in market prices.
Was Bitcoin wrong?
More heads argument It comes at a time when bitcoin price is only 24% after the last American presidential choice – a modest increase in its standards. The post in KS, more famine points to significant political and regulatory movements claimed that there should be a price of bitcoina far greater than the level of current.
He wrote: “If he is a few days before the US presidential election – the wizard showed that Pro-Cripto wins the Presidency, Red House and Senate, 54 anti-crypto members of the Congress Executive orders of the President on Cripto, including: Strategic Bitcoin Reserve, USA Digital Asset Stockpile (with other couples), most major shares of SEC anti-Blocks in the installation industry fell and the president hosted the summit to get from the industry … all in ten weeks. “
Meahead then assessed the impact, this development should have been in the assessment of Bitcoin: “I would say that Bitcoin would become more than 24%. The way in very positive movements in the very positive developments in the very positive events.
Leaving these milestones from the pro-crupto presidential victory and a reshaped congress to a series of executive action – more suggest that the current market price fails to catch what sees as a natural trend up.
83% postrendd would be a BTC above $ 126,000. This forecast for Bullish is especially striking with respect to the background of recent instability on the market. Bitcoin just suffered a decline greater than 7% after announcing US President Donald Trump reciprocal tariffs– Reminder that even the most promising prospects can be shaded by sudden geopolitical and economic shocks.
Bitmek Founder Arthur Haies, also on X, reacted to sudden precipitation and warned traders on potentially sharper conditions for weeks coming. His comments suggest that $ 76,500 serves as a key floor. In order for Bitcoin to keep that threshold by mid-April, Hayes believes that the market’s ability to recover wolf will look a lot promising. “Mrkt Night Like” Oslobođenja “, if BTC can now keep 76.5 kilograms of BTV and US Tax Day 15. April, then we are out of the forest. Don’t chop!” He stated
Meanwhile, Charles Edwards-Founder and General Manager of Capriola Investment-hints To the possibility of intervention of federal reserves, drawing parallels to previous periods in which the expansive monetary policy helped reappear the risk appetite, often increasing Bitcoin in the process. “Consider this as tariffs arrived in the larger than expected. Survey on the FILE FED Business Outlook shows expectations that are compared to 2000, 2008 and 2022. How long is the printer printer to be buzzing?” Notes on X.
At the time of pressure, BTC traded $ 81,811.

Featured image from YouTube, Chart from TradingView.com

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2025-04-04 03:30:00