Trader Nachi: Extremely bullish on Bitcoin, expecting BTC to break through $200,000 in the next 6 to 12 months
according to the latest post by Binance trader Nachi, he stated that he has closed all short positions and switched to long perpetual contract positions. He firmly believes that last Friday may have been a key bottom for Bitcoin, with market funds flowing from gold to Bitcoin. Nachi remains extremely bullish on the market, expecting Bitcoin to break through $200,000 in the next 6 to 12 months, and Ethereum to break through $10,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutional Interest Drives HBAR's Potential for a 50% Rally
- HBAR , Hedera's token, faces potential 50% surge as technical breakouts and institutional adoption align. - Price突破 $0.1373 support and triple-bottom pattern suggest $0.17–$0.19 targets with sustained volume. - Canary Capital's HBAR ETFs and Coinbase derivatives highlight growing institutional interest amid regulatory clarity. - Hedera's AI upgrades and partnerships with BitGo/LayerZero strengthen utility, while SEC guidance accelerates fund approvals.
Kazakhstan's Daring Shift: Swapping Gold's Security for the Unpredictable Promise of Cryptocurrency
- Kazakhstan's central bank plans to invest $300M in crypto using gold reserves to diversify its financial portfolio amid global inflation hedging trends. - Emerging economies like Bhutan and Turkey are leveraging blockchain for financial infrastructure upgrades and fiat currency alternatives amid economic instability. - Central banks in China, India, and Turkey are accumulating gold while exploring hybrid assets like gold-anchored crypto tokens to stabilize economies. - Despite regulatory delays and marke
GeeFi Brings Together 14 Blockchains to Address Crypto Ecosystem Fragmentation
- Tron's 60% fee cut boosts stablecoin dominance, driving USDT transfers and attracting developers via Ethereum-standard smart contracts. - GeeFi (GEE) emerges as a cross-chain solution, integrating 14 blockchains including Tron to address crypto fragmentation with its non-custodial wallet. - GeeFi's $250K+ presale and 55% APY staking rewards highlight its deflationary model, while VISA/Mastercard crypto card plans expand real-world utility. - Market volatility from Fed policies and inflation data undersco
India’s Policy Realignment and U.S. Trade Overhauls Poised to Boost Technology Shares by 2025
- U.S.-India trade reforms and strategic realignment are projected to boost Indian tech stocks by 2025, driven by rising global demand for domestic technology solutions. - India's merchandise exports grew 2.9% YoY in Q1-Q3 2025, supported by government credit guarantees and diversification into markets like UAE and Vietnam. - Kaynes Technology India Ltd reported 58.4% YoY revenue growth, reflecting strong demand for Indian software and IT services despite sector-wide economic uncertainties. - Strategic LPG
Trending news
MoreCrypto prices
More
