{"id":597484,"date":"2023-11-12T17:20:45","date_gmt":"2023-11-12T14:20:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/pre-etf-btc-price-crash-or-150k-in-2025-bitcoin-forecasts-diverge\/"},"modified":"2023-11-12T17:20:45","modified_gmt":"2023-11-12T14:20:45","slug":"pre-etf-btc-price-crash-or-150k-in-2025-bitcoin-forecasts-diverge","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/pre-etf-btc-price-crash-or-150k-in-2025-bitcoin-forecasts-diverge\/","title":{"rendered":"# Pre-ETF BTC price &#8216;crash&#8217; or $150K in 2025? Bitcoin forecasts diverge"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4efaac31fdd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4efaac31fdd\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/pre-etf-btc-price-crash-or-150k-in-2025-bitcoin-forecasts-diverge\/#Schiff_bets_on_a_BTC_price_%E2%80%9Ccrash%E2%80%9D_before_ETF_launches\" >Schiff bets on a BTC price &#8220;crash&#8221; before ETF launches<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/pre-etf-btc-price-crash-or-150k-in-2025-bitcoin-forecasts-diverge\/#AllianceBernstein_Bitcoin_ETF_%E2%80%9Cgetting_slowly_priced_in%E2%80%9D\" >AllianceBernstein: Bitcoin ETF &#8220;getting slowly priced in&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<p itemprop=\"description\" class=\"post__lead\" data-v-8081b7b6> Bitcoin ETF launch day could be more than just a &#8220;sell the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>&#8221; event for BTC price, says Peter Schiff. <\/p>\n<p><\/p>\n<div class=\"post-content\" data-v-8081b7b6>Bitcoin (BTC) will \u201cmost likely\u201d see a serious price drawdown before a key date for institutional investors dawns, says gold bug Peter Schiff.<\/p>\n<p>In recent X activity, the longtime Bitcoin skeptic sounded the alarm over recent BTC price gains.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Schiff_bets_on_a_BTC_price_%E2%80%9Ccrash%E2%80%9D_before_ETF_launches\"><\/span>Schiff bets on a BTC price &#8220;crash&#8221; before ETF launches<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bitcoin is a favoirte topic of criticism for Peter Schiff, the chief economist and global strategist at asset management firm Europac.<\/p>\n<p>Throughout the years, he has repeatedly insisted that unlike gold, Bitcoin\u2019s value is destined to return to zero, and that no one in fact wishes to hold it except in order to sell higher later on.<\/p>\n<p>Now, with BTC\/USD circling 18-month highs, he has turned his attention to what others say will be a watershed moment for cryptocurrency \u2014 the launch of the United States\u2019 first Bitcoin spot price exchange-traded fund (ETF).<\/p>\n<p>An <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval is thought to be due in early 2024, while rumors that a green light could come in November are thought to have fueled last week\u2019s ascent past $37,000.<\/p>\n<p>While some believe that the announcement will be a \u201csell the news\u201d event, where investors reduce exposure once certainty over the ETF hits, for Schiff, a BTC price comedown may not even wait for that.<\/p>\n<p>In an X survey on Nov. 9, he offered two scenarios for a Bitcoin \u201ccrash\u201d \u2014 before and after the ETF launch. Alternatively, respondents could choose \u201cBuy and HODL till the moon,\u201d which ultimately became the most popular choice with 68% of the nearly 25,000 votes.<\/p>\n<p>Despite this, however, Schiff stood his ground.<\/p>\n<p>\u201cBased on the results my guess is that Bitcoin crashes before the ETF launch,\u201d he responded. <\/p>\n<blockquote><p>\u201cThat why the people who bought the rumor won&#8217;t actually profit if they wait for the fact to sell.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">When will <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> crash?<\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/PeterSchiff\/status\/1722640540649279590?ref_src=twsrc%5Etfw\">November 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"AllianceBernstein_Bitcoin_ETF_%E2%80%9Cgetting_slowly_priced_in%E2%80%9D\"><\/span>AllianceBernstein: Bitcoin ETF &#8220;getting slowly priced in&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As Cointelegraph reported, the mood among the institutional sphere is lightening as the ETF debate looks increasingly set to end in Bitcoin\u2019s favor.<\/p>\n<p><strong><em>Related:\u00a0Bitcoin \u2018Terminal Price\u2019 hints next BTC all-time high is at least $110K<\/em><\/strong><\/p>\n<p>Among the latest optimistic BTC price forecasts is that of AllianceBernstein, which last week predicted a peak of $150,000 next cycle.<\/p>\n<p>\u201cWe believe early flows could be slower and the build up could be more gradual, and post-halving is when ETF flows momentum could build, leading to a cycle peak in 2025 and not 2024,\u201d analysts wrote in a note <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.marketwatch.com\/story\/bitcoin-could-reach-150-000-in-2025-during-new-bull-cycle-says-alliancebernstein-37cc32a3\" data-amp=\"https:\/\/www-marketwatch-com.cdn.ampproject.org\/c\/s\/www.marketwatch.com\/amp\/story\/bitcoin-could-reach-150-000-in-2025-during-new-bull-cycle-says-alliancebernstein-37cc32a3\">quoted<\/a> by MarketWatch and others.<\/p>\n<blockquote><p>\u201cThe current BTC break-out is just simply ETF approval news getting slowly priced in and then the market monitors the initial outflows and likely gets disappointed in the short run.\u201d<\/p><\/blockquote>\n<p>An accompanying chart showed BTC price past and future behavior delineated by halving cycles.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-11\/9d3b7b54-e105-4e40-aa8c-f0a965084e8f.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD cycle phases (screenshot). Source: AllianceBernstein\/MarketWatch<\/em><\/figcaption><\/figure>\n<p class=\"post-content__disclaimer\">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/cointelegraph.com\/news\/pre-etf-btc-price-crash-150k-2025-bitcoin-forecasts\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin ETF launch day could be more than just a &#8220;sell the news&#8221; event for BTC price, says Peter Schiff. Bitcoin (BTC) will \u201cmost likely\u201d see a serious price drawdown before a key date for institutional investors dawns, says gold bug Peter Schiff. In recent X activity, the longtime Bitcoin skeptic sounded the alarm over&#8230;<\/p>\n","protected":false},"author":1,"featured_media":597485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-11\/b7719201-c106-4c68-aa3d-35a6dee0989d.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,75849,76252,73785,68637],"class_list":["post-597484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-etf","tag-peter-schiff","tag-markets","tag-predictions"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/597484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=597484"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/597484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/597485"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=597484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=597484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=597484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}