Does Bitcoin really pick up speed now? (Photo: Freepik, Victorttcd)
After a month-long dry spell, the Bitcoin bulls trample again-it is huge pressure in the boiler. Bitcoin (BTC) was able to get $ 5,000 last week. Forecast: Is the momentum enough to drive the Bitcoin course to $ 300,000 in June?
Top financial consultant: Nothing grows as quickly as Bitcoin (BTC)
He has been one of the most influential experts in the financial sector for more than 30 years, has published numerous bestsellers (“Ordinary People, Extraordinary Wealth”) and caused a sensation with precise forecasts. Now Fredric Mark says “Ric” Edelman: Bitcoin (BTC) will be “the fastest growing asset” over the next 10 years. The price movements of the cryptocurrency are independent of other asset classes such as stocks, bonds, real estate, gold, oil and raw materials – and that is exactly what BTC makes the ideal component of a diversified portfolio.
Even more: Bitcoin even compares the founder of Edelman Financial Services, one of the largest independent financial advisory companies in the USA, even compares oil in the 1850s. Or, put it differently: The Bitcoin course even has plenty of room for improvement even when reaching the new all-time high of $ 111,970.
The pseudonymic crypto-chart analyst “Credible Crypto” confirms in a forecast on X (formerly Twitter): “The fact that our monthly relative strength index (RSI) resumes again in the overbaufed area means that things are going crazy soon.” The markets would soon increase “parabolic” – and the courses explode “as we have not seen it since 2017”.
Forecast: Bitcoin before climbing to $ 300,000?
Already that sounds promising – but the chartist is still following insured his almost 500,000 followers: It will be “the greatest increase we have seen at Bitcoin since the invention”. With its bullish forecast, the industry observer is not alone in the hallway – most investors, analysts and traders are optimistic. The tenor: In the short term-within the next few days-$ 120,000 for the Bitcoin course is likely. After that, Bitcoin will correct – and then move to a new, spectacular all -time high.
What is specific for BTC and Co.? Interesting: The most popular call option sees the Bitcoin course until the end of June 2025 rise to $ 300,000! Background: Call options give the buyer the right to buy Bitcoin at a fixed price-in this case $ 300,000. Bullish for investors: The options are traded with a nominal value of $ 620 million – this indicates massive interest and enormous demand.
Or, in a different way, formulated: Many traders bet that Bitcoin will explode at any moment – and then add more than 170 percent from the current level within the next few weeks! Currently noted The number 1 cryptocurrency after an increase of 0.44 percent within the last 24 hours at $ 111,134.
Bitcoin: Forecast warns of quantum computers – how serious is the situation?
Do artificial intelligence and quantum computer soon crack bitcoins cryptographic encryption-and bring the course to fast zero? In a much discussed thread on X Warns the Stanford mathematician and Bitcoin investor Fred Krueger: The combination of artificial intelligence (AI) and quantum computing could endanger current Bitcoin encryption much faster than previously assumed!
Some analyst gives the all-clear in this regard-but Krueger emphasizes that there is a “wrong feeling of security” that quantum attacks are still decades away. In particular, the ECDSA signature algorithm, which is used to authenticate bitcoin transactions, is more vulnerable than suspected by quantum computers.
In addition, progress in AI-based optimization would accelerate the development-and put the threat from quantum computers within reach. Krueger raises the alarm: A solution is needed – and urgently before it is too late. But how do you protect yourself from supercomputers that are not yet available?
A possible answer: a so -called hard fork. The Bitcoin network would be fundamentally changed, so that all users would have to transfer their coins to new, quantity-proof addresses in good time-even before a potential attack takes place. Krueger’s conclusion: He hoped that he was wrong. Otherwise remained “5-10 years to get rich”.
Disclaimer:
The author and/or connected persons or companies have cryptocoins, including bitcoins. This article represents an expression of opinion and no investment advice.