A number of factors have been listed by Bernstein’s analysts as they doubled down on their 2025 $150,000 Bitcoin (BTC) price target. Meanwhile, the interest of whales has turned to two top altcoins, Rollblock (RBLK) and Binance Coin (BNB). Let’s find out how high these altcoins can go in this bull cycle.
Bitcoin (BTC) To Hit $150k By 2025, Bernstein Analysts Predict
While Bitcoin (BTC) has retraced somewhat in the past few weeks and is only just clinging on to the $68k level, analysts at Bernstein are convinced that the world’s leading cryptocurrency “is far from done. Analysts of the wealth management firm have doubled down on their earlier predictions that the price of Bitcoin will hit $150k by the end of 2025.
Bernstein analysts Gautam Chhugani and Mahika Sapra wrote that Bitcoin could hit this target because metrics suggest that we are in a “healthy cycle, still in its early stages.” They also cited the 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 new generation GambleFi platform that is set to provide massive profits with potential 50x returns at launch. This DeFi project’s model of revenue sharing through a percentage of the funds raised and its innovative approach has attracted the attention of whales, who have been on a buying spree of RBLK tokens in the last few weeks.
The team has announced that up to 30% of its weekly revenue will be used to buy back RBLK tokens from the open market. Half of the tokens purchased will be used to support the value of the RBLK token and burned from the supply forever. The other half will be issued as rewards to those who stake RBLK, offering some of the best passive income opportunities in the crypto space. Over 46 million RBLK tokens have been bought by whales as they expect RBLK to be the best crypto investment in this bull cycle.
Another reason why whales have shown massive interest in RBLK is because of its fully licensed and operational online gambling platform. On Rollblock’s platform, players can access over 150 high-payout casino games, with an added advantage. Operating on a blockchain means this DeFi project brings the highest level of fairness and transparency to the gambling business.
Market experts are optimistic that this can help Rollblock onboard a massive number of existing and new gamblers to the crypto space. This is why RBLK, the native token of the platform, is ranked as the best crypto investment for this bull cycle, with a potential price increase of 50x before the year ends. Still priced at $0.012 in its second presale stage, you still have a great chance to join whales who are going on an RBLK buying spree.
Binance Coin (BNB) Load Up With All-Time High in Sight
So far in 2024, Binance Coin (BNB) has been one of the top altcoins that has come close to breaking its ATH multiple times. The peak of $681 recorded in May 2021 has stood, with the closest the Binance Coin price has come this year being $640 in March.
However, on-chain data shows that whales have been loading up on BNB tokens as the altcoin continues to trend around the $600 mark. The remarkable stability of Binance Coin remained around $600 for most of the last three months, which has led analysts to predict a new ATH. According to the analysis from Crypto Scient, BNB could trade as high as $1,000, making it a top cryptocurrency to buy now.
In Conclusion
The forecasts from Bernstein analysts for Bitcoin confirm that we still have a long way to go in this bull cycle. Two promising altcoins whales are looking to capitalize on this bull cycle are Binance Coin and Rollblock. While BNB looks to set a new ATH, RBLK looks to dominate the bull cycle with a 50x price surge, potentially making it the better investment option.
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