Categories: Bitcoin Latest News

Bitcoin To $140,000 And XRP To $7? Here’s When It Will Happen

Crypto analyst RWA Investor has predicted that Bitcoin will rally to $140,000 and XRP to $7, setting new all-time highs (ATHs) for these cryptos. The analyst also provided a timeline for when they will reach these targets and what will spark the parabolic rally. 

Analyst Predicts Bitcoin Rally To $140,000 And XRP to $7

In an X post, RWA Investor predicted that Bitcoin would be trading at $140,000 in May and that XRP would hit $7. He claimed that this is not wishful thinking but a psychological perspective. The analyst explained that the transition from Wave 2 to Wave 3 is rapid and is intended to drive capital on the sidelines and all bears into the market

Meanwhile, the analyst indicated that the CLARITY Act and an interest rate cut will be the catalysts that spark this Bitcoin and XRP rally. He claimed that the crypto bill and an interest rate cut are just around the corner. However, it is worth noting that the crypto bill has yet to advance, with the Senate yet to set a markup date for the bill. 

At the same time, there is still uncertainty about exactly when the Fed may lower rates, with the U.S.-Iran war raising inflation concerns. Market participants are currently pricing in the possibility that the Fed will hold rates steady throughout the year in a bid to bring inflation down to its 2% target. 

As such, it is uncertain whether the CLARITY Act or an interest rate cut could spark this Bitcoin and XRP rally, since they are unlikely to happen anytime soon. However, these cryptos, alongside the broader crypto market, have rallied this week amid optimism that the U.S.-Iran war could end soon as both sides continue to negotiate. U.S. President Donald Trump also extended the ceasefire yesterday, signaling the U.S. willingness to end the war soon. 

BTC Has Bottomed

In an X post, crypto analyst Michaël van de Poppe opined that Bitcoin has bottomed, signaling that XRP and other altcoins may have also found a bottom. He noted that BTC’s fair value is still far away, even as the Nasdaq has made new ATHs, which is why the analyst is confident that this current rally may be sustained for a while. 

The analyst further remarked that, based on the statistical data, the only time the market has seen another low was due to the FTX collapse. He noted that there is no such case this time around and predicts that BTC will likely continue its uptrend towards $90,000, then consolidate there for a while. Michaël van de Poppe added that this is when altcoins will start to get some spotlight again.

[#item_full_content]NewsBTCRead More

Recent Posts

Bitcoin ETFs just pulled $2 billion in 8 days while short-term holders quietly started selling

Spot bitcoin ETFs logged their first 8-day inflow streak since October, but on-chain profit-taking is…

15 minutes ago

Bitcoin rally is stalling as Japanese inflation adds to Iran war–driven market jitters

Crypto markets weaken amid rising Japan inflation, Iran war oil disruptions, and expectations of a…

1 hour ago

Bitcoin Enters Disbelief Phase As Traders Keep Shorting The Rally

Bitcoin’s advance over the past four weeks is colliding with a derivatives market that still…

1 hour ago

Analyst Predicts A 30% Bitcoin Price Crash To $50,000, Here’s When

The question of whether the Bitcoin price has hit a final bottom remains a major…

3 hours ago

$80K Bitcoin Target Back In Play As Trump Suggests US-Iran Talks Could Restart

Bitcoin futures markets lit up within an hour of US President Donald Trump hinting that…

4 hours ago

Bitcoin Price Strengthens, Fresh Upside Targets Come Into View

Bitcoin price started a fresh increase and cleared the $78,000 zone. BTC is consolidating and…

4 hours ago