Thursday, May 29, 2025

Advertise

spot_img
HomeBitcoinInsane Bitcoin Surge Incoming? Expert’s Weekend Prediction Raises Eyebrows

Insane Bitcoin Surge Incoming? Expert’s Weekend Prediction Raises Eyebrows

Bitcoin’s price swung wildly this week. It jumped past $111,900 on May 22, then fell to about $106,683 by May 25. Now, it’s trading around $109,060—a 0.74% dip over 24 hours but still up 3.30% on the week.

Community Reacts To Quick Forecasts

According to posts on X by “The Bitcoin Therapist,” Bitcoin could reach $120,000 by the end of the week. At $109,060 today, that means about a 10% rise is needed. Some traders shrugged.

One comment pointed out that Bitcoin had already climbed 8% this week and asked what new data drove another bold call. Others flagged a “greedy” market and said solid charts or on-chain numbers matter more than catchy price targets.

Scarcity And Kiyosaki’s Bold Claim

Based on reports from “Rich Dad Poor Dad” author Robert Kiyosaki, the real move in Bitcoin hasn’t even started. He says less than 2 million coins remain to be mined and that scarcity will push prices higher.

As of May 26, 2025, nearly 19.87 million BTC are already out there, leaving roughly 1.13 million to go. Kiyosaki puts Bitcoin at $250,000 by the end of 2025 and argues that even owning 0.01 BTC could change lives in the next bull phase. His fans like the big number. Skeptics ask for more than just a story about limited supply.

Technical Indicators And Market Mood

Data from the past 30 days shows 18 green days and 12 down days for Bitcoin, which is a 60% win rate. Price swings averaged about 5.24% in that period.

The Fear & Greed Index sits at 74, flagged as “Greed.” High readings like this often mean the market has already run ahead of itself. One watcher pointed to upcoming weekly and monthly candle closings as better gauges of what comes next, since raw sentiment scores can flip fast.

Bitcoin At $119K By June?

Meanwhile, according to CoinCodex, Bitcoin could reach $119,495 by June 26, 2025—about an 8.97% jump from today’s $109,060, leaning on a 60% green-day rate and high greed index.

Featured image from Unsplash, chart from TradingView

RELATED ARTICLES
- Advertisment -spot_imgspot_imgspot_imgspot_img

Most Popular

Recent Comments

en_USEnglish