Latest news with #priceprediction
Yahoo
3 days ago
- Business
- Yahoo
Crypto analyst nails XRP prediction as Ripple and SEC case ends
Crypto analyst nails XRP prediction as Ripple and SEC case ends originally appeared on TheStreet. Ali Martinez, who goes by the handle @ali_charts on X, is one of the most popular crypto analysts who often nails price predictions. As the Ripple vs. SEC case recently reached its end, his prediction on XRP's price action came true. On Aug. 7, the analyst shared XRP's price analysis chart on X at 12:32 p.m. EDT. It showed XRP forming a symmetrical triangle pattern that is made up of converging trendlines. While the descending line shows upper resistance, the ascending one shows support. The pattern reflects a period of consolidation where price gets squeezed, followed by a breakout. XRP would target $3.34 after breaking out of the triangle, Martinez predicted. Then, surprising news came out at 5:16 p.m. EDT on Aug. 7 that the legal case involving the Securities and Exchange Commission (SEC) and Ripple Labs, the company associated with the XRP cryptocurrency, is finally over. The development had an enormously positive impact on XRP's price trajectory. The cryptocurrency skyrocketed to trade as high as $3.37 following the next day, Martinez didn't forget to remind his followers on X that he had nailed the prediction. As far as XRP is concerned, its regulatory status in the U.S. is closely related to the outcome of the legal battle that began way back in December 2020. For now, a landmark court ruling from July 2023 remains intact that classified XRP as a non-security when it is sold via programmatic sale to retail traders on crypto exchanges but ruled that XRP's institutional sale violated U.S. securities laws. The status of crypto assets such as XRP in the U.S. has been a bone of contention for years. The clarity now could go a long way in making cryptocurrencies mainstream. XRP was trading at $3.28 at press time, 14% lower than its record high of $3.84 that it hit on Jan. 4, 2018. Crypto analyst nails XRP prediction as Ripple and SEC case ends first appeared on TheStreet on Aug 9, 2025 This story was originally reported by TheStreet on Aug 9, 2025, where it first appeared.
Yahoo
14-07-2025
- Business
- Yahoo
Prediction: Bitcoin Will Be Worth $200,000 in 1 Year
Bitcoin's price nearly doubled over the past year. Declining interest rates and rising adoption rates will drive it even higher. It has a clear path towards reaching $200,000 over the next year. 10 stocks we like better than Bitcoin › Last May, I predicted that Bitcoin's (CRYPTO: BTC) price would rise from about $63,000 to more than $100,000 in 2025. At the time, I expected declining interest rates, its latest halving, and an influx of institutional investors to drive its price higher. Today, the world's top cryptocurrency trades well above $110,000. It will likely remain volatile for the foreseeable future, but I believe it will reward its patient investors by nearly doubling to $200,000 over the next 12 months. Let's review the main catalysts that could spark another rally. Bitcoin's biggest near-term catalyst will be declining interest rates. In 2022 and 2023, rising interest rates caused a "crypto winter" by driving many investors away from speculative investments. But in 2024, the market warmed up again as the Fed cut its benchmark rates three times. The Fed hasn't cut its rates yet in 2025, but many investors expect at least two rate cuts by the end of the year. Those rate cuts depend on the consumer price index (CPI). If inflation still runs too hot, the Fed will maintain its elevated rates to cool down the economy. But if inflation eases, it will lower those rates to spur fresh economic growth. Declining interest rates will affect Bitcoin in two ways. First, lower rates should drive growth-oriented investors back toward cryptocurrencies and other high-risk investments. Second, lower interest rates should reduce the value of the U.S. dollar against other currencies. That devaluation could boost the value of Bitcoin in U.S. dollars and make it a better hedge against inflation, like gold, silver, and other physical commodities. Assuming the U.S. and China reach a favorable trade deal -- and the U.S. reins in its tariff threats against its top trading partners -- inflation should cool off as the global supply chains normalize. So if you're optimistic about the trade tensions easing, you should probably buy Bitcoin today. Only two countries -- El Salvador and Central African Republic -- have officially adopted Bitcoin as legal tender. No country has adopted it as a traditional reserve currency held by its central banks, but the U.S. recently created a "Strategic Bitcoin Reserve" to hold all the Bitcoin the Treasury Department seized from criminal and civil asset forfeitures. That reserve is also exploring additional "budget neutral" ways to accumulate more Bitcoin without using taxpayer funds. Other countries -- including Bhutan, the United Arab Emirates, and Saudi Arabia -- have also reportedly been accumulating Bitcoin. That accumulation supports the idea that Bitcoin is becoming digital gold, and it could drive its price a lot higher over the next year. Bitcoin is still digitally mined with the energy-intensive proof of work (PoW) consensus mechanism. It has a maximum supply of 21 million Bitcoins, and 19.9 million of those coins have already been mined. That last Bitcoin is expected to be mined in 2140. It becomes harder to mine Bitcoin every four years with each "halving," which cuts its mining rewards in half. Every halving also drove its price to fresh highs the following year. Halving Date Price at the Time of Halving Following Year's Peak Price Gain 2012 $13 $1,152 8,762% 2016 $664 $17,760 2,575% 2020 $9,734 $67,549 594% 2024 $64,262 ? ? Data source: Bitpay. Bitcoin's post-halving gains are clearly diminishing, but reaching $200,000 would only require a 211% gain from its price at the time of its halving last year and represent an 80% gain from its current price. So for now, $200,000 still seems like a conservative target. As Bitcoin's price rises, its institutional and corporate investors should allocate more of their portfolios to the cryptocurrency. According to EY-Parthenon, about three-quarters of all institutional investors allocated less than 5% of their portfolios to Bitcoin and other digital assets. If that percentage rises to the double digits, Bitcoin's price could skyrocket. When I started to invest in Bitcoin through its future exchange-traded funds (ETFs) in early 2022, Bitcoin was trading at around $46,000. At the time, some investors claimed it was too expensive. But I accumulated more shares of those ETFs through Bitcoin's downturn in 2022 and 2023, and I swapped out those future ETFs for the new spot price ETFs that were approved last year. I stuck with Bitcoin because I expected it to rise above other cryptocurrencies and become a long-term hedge against inflation. I'm not going to claim that Bitcoin will soar to $1 million over the next few years, but I think $200,000 is still a realistic near-term target. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Prediction: Bitcoin Will Be Worth $200,000 in 1 Year was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
Wall Street Analysts Believe Arcosa (ACA) Could Rally 25.52%: Here's is How to Trade
Arcosa (ACA) closed the last trading session at $87.00, gaining 2.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $109.2 indicates a 25.5% upside potential. The average comprises five short-term price targets ranging from a low of $100.00 to a high of $120.00, with a standard deviation of $7.29. While the lowest estimate indicates an increase of 14.9% from the current price level, the most optimistic estimate points to a 37.9% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice. But, for ACA, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside. According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts. However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 1.1%. Moreover, ACA currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Therefore, while the consensus price target may not be a reliable indicator of how much ACA could gain, the direction of price movement it implies does appear to be a good guide. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-05-2025
- Business
- Yahoo
Bitcoin Price Prediction - What could affect BTC's future price?
Bitcoin price prediction remains neutral to bullish in the mid-term, with potential volatility driven by geopolitical adoption, regulatory changes, and key technical resistance levels. While institutional accumulation acts as a bullish catalyst, ongoing regulatory risks continue to temper upside momentum.- Geopolitical adoption as U.S./nation-states treat BTC as strategic reserves- Institutional demand (800K BTC held by public firms) vs. derivative market leverage risks- Regulatory forks: U.S. GENIUS Act progress vs. CFTC/SEC jurisdictional battles- Technical resistance near $111K ATH with mixed momentum signals-Supply squeeze: 75% of BTC unmoved for 6+ months U.S. strategic positioning: VP Vance's endorsement of BTC as a geopolitical tool against China could drive state-level accumulation. Bitcoin-backed bonds: NYC's proposed BitBonds (CoinMarketCap News) and state-level reserve bills in Texas/New Hampshire aim to deepen institutional exposure. Halving aftermath: Reduced miner sell pressure (post-April 2025 halving) coincides with ETF inflows ($250B AUM projected for 2025). Key levels: Immediate resistance at $111,970 (swing high), with Fibonacci extensions suggesting $113K (127.2%) and $121K (161.8%) as upside targets. Momentum divergence: MACD histogram at -427 signals short-term bearish pressure, but RSI 61.35 remains neutral. On-chain support: 74% of BTC held in illiquid wallets reduces sell-side liquidity. Bitcoin price prediction hinges on whether growing institutional inflows—evidenced by a 47% YTD increase in ETF AUM—can outweigh mounting regulatory headwinds, such as the CFTC's push for expanded oversight. The critical $111K–$113K resistance zone will shape near-term direction: a breakout could ignite FOMO-driven rallies, while a rejection may see Bitcoin retesting the 50-day SMA at $96,806. Will U.S. legislative moves toward a Bitcoin reserve strategy cement its role as "digital gold," or will regulatory fragmentation cap gains? Bitcoin price prediction remains tilted bullish as sentiment scores 65/100 on the Fear & Greed Index, supported by rising geopolitical adoption, institutional accumulation, and ongoing regulatory discussions. However, retail interest continues to lag behind recent price gains.- Geopolitical tool – U.S. politicians frame BTC as strategic against China.- Institutional demand – Public firms hold 800K BTC ($90B), ETFs hit $250B AUM.- Regulatory clash – CFTC/SEC jurisdiction debates intensify as Trump admin pushes pro-crypto policies. Bullish momentum stems from:- U.S. strategic adoption: VP JD Vance declared BTC a 'strategic asset' in U.S.-China rivalry at Bitcoin 2025, while Senator Lummis proposed a national BTC reserve mirroring gold holdings.- Institutional stacking: Public firms now hold 800K BTC ($90B), with MicroStrategy adding 200K BTC alone. Spot BTC ETFs hit $250B AUM, up 19% in May. Bearish undercurrents include:- Regulatory gaps: Ex-CFTC Chair Behnam warned of investor risks without CFTC cash-market authority.- Retail skepticism: Google searches for BTC hit 12-month lows despite prices near ATHs. X (Twitter): Dominated by ETF inflow updates, BTC-as-digital-gold narratives, and debates over the GENIUS Act's stablecoin rules. Telegram/Discord: Traders track funding rates (neutral at +0.0062%) and RSI (69), noting 'room to run' before overbought levels. Developer forums: Heated debates on Bitcoin Core's OP_RETURN limits, with critics fearing data spam and proponents pushing scalability. Bitcoin's narrative has shifted from 'risk asset' to 'geopolitical reserve,' buoyed by institutional accumulation and U.S. policy moves, though regulatory uncertainty and retail hesitation linger. Will retail FOMO ignite once BTC breaks $111K ATH, or will profit-taking by long-term holders cap gains? To get the latest update on Bitcoin, visit our . Content created: 30th May 2025Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
11-05-2025
- Business
- Entrepreneur
Standard chartered analyst suggests Bitcoin price target may be conservative
Standard Chartered's head of digital assets, Geoffrey Kendrick, has indicated that his previously stated Bitcoin price target of $120,000 for the second quarter might be too conservative. In a light-hearted... This story originally appeared on Due Standard Chartered's head of digital assets, Geoffrey Kendrick, has indicated that his previously stated Bitcoin price target of $120,000 for the second quarter might be too conservative. In a light-hearted remark, Kendrick said, 'I apologise that my USD120k Q2 target may be too low.' The comment comes amid significant volatility in cryptocurrency markets, where Bitcoin has shown remarkable price movement in recent months. Kendrick's statement suggests growing confidence in Bitcoin's upward trajectory among institutional analysts, even as the digital currency continues to experience its characteristic price swings. Institutional Banking Embraces Crypto Forecasting Standard Chartered, a major global banking institution, has increasingly positioned itself as a voice in cryptocurrency market analysis. Kendrick's role as head of digital assets represents the bank's commitment to providing insights into this emerging asset class for its clients and investors. Bitcoin's $120,000 price target in Q2 would substantially increase from current levels. Kendrick's now-potentially conservative view of this target signals a bullish outlook from a traditional financial institution on cryptocurrency's near-term prospects. This stance marks a notable shift from the skepticism many banking executives expressed toward digital assets in previous years. Major financial institutions have gradually moved from dismissing cryptocurrencies to analyzing them as legitimate investment vehicles. Market Implications of Bullish Forecasts Price predictions from established financial institutions can influence market sentiment and investor behavior. When analysts from traditional banks make bold forecasts about cryptocurrency prices, it often lends credibility to the asset class among mainstream investors. While delivered with humor, Kendrick's comment carries weight in the investment community due to Standard Chartered's reputation. The bank's willingness to publish specific price targets for Bitcoin represents a maturation in how traditional finance approaches digital asset valuation. 'I apologise that my USD120k Q2 target may be too low,' Geoffrey Kendrick, head of digital assets at Standard Chartered. The timing of this statement coincides with increased institutional adoption of cryptocurrencies, including: The approval and launch of Bitcoin ETFs in the United States Growing corporate treasury investments in Bitcoin Expanded cryptocurrency services offered by payment processors Analyzing the Basis for Optimistic Targets While Kendrick did not elaborate on the specific factors leading him to suggest his target might be conservative, several market dynamics could support such a view. Bitcoin's limited supply of 21 million coins creates scarcity, particularly as institutional demand increases. The cryptocurrency market has historically moved in cycles, with periods of rapid price appreciation followed by corrections. Analysts tracking these patterns may identify signals suggesting the current upward movement has more room to run than anticipated. Regulatory developments, technological advancements, and macroeconomic factors all shape Bitcoin's price trajectory. Standard Chartered's analysis likely incorporates these variables into its modeling. Market observers note that price targets from major banks often serve as psychological anchors for investors. Whether Bitcoin reaches the $120,000 mark in Q2 or not, the prediction may influence trading strategies and investment decisions across the cryptocurrency ecosystem. As digital assets continue to gain mainstream acceptance, the forecasts from traditional financial institutions will likely play an increasingly important role in shaping market narratives and investor expectations. Kendrick's comment, though brief, adds another data point to the evolving relationship between conventional banking and the cryptocurrency sector. The post Standard chartered analyst suggests Bitcoin price target may be conservative appeared first on Due.
