Bitcoin OG Tuur Demeester, who masterfully predicted peak of 2021 rally, indicates ambitious goals for BTC
Legendary Bitcoiner, macro economist and investor Tuur Demeester, an editor-in-chief of Adamant Research, indicated some details of the upcoming bull market. Here's why it will be different from 2021 rally.
By the year of 2026, the price of Bitcoin , the largest cryptocurrency, might reach levels between $200,000 and $600,000 per coin. This unbelievable 4-12x rally will be fueled by trillions in cash from various bailouts and stimulus programs.Such an optimistic forecast was shared by the author of the"Bitcoin Reformation" theory with his 264,000 followers in X . Unlike many Bitcoin bulls, he highlights that retail"awakening" will be of paramount importance to the Bitcoin rally, not institutional involvement. Thus, Demeester added a warning for those retail investors interested in a potential Bitcoin rally above $500,000: Keep in mind one of the most important lessons in bitcoin: be careful with debt and potential overexposure, because its volatility will easily give you whiplash.It should be noted that the Bitcoin OG masterfully predicted the end of the 2021 bull rally two years before Bitcoin reached $69,000. Strike CEO Jack Mallers totally agreed with the forecast, while other Bitcoiners added that BTC might jump even higher should governments keep cracking down on altcoins. Also, Demeester claimed that the ongoing bull cycle might come in two parts, as it did in 2013. This, in turn, might make it longer than the 2017 and 2021 rallies.American University of Sharjah and Sui Launch Blockchain Academy to Seed the Next Generation of web3 Builders HIPTHER Announces Online Voting Session for GamingTECH Awards 2024, Leading to the Grand Event at the Prague Gaming & TECH Summit
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