Price Prediction

Bitcoin is at a "Value Bottom" ideal for long-term dollar-cost averaging, but has not yet reached a "Structural Bottom," leading to projected volatility between $60K-$70K. Investors should prepare for continued fluctuations and potential buying opportunities.

Anthony Scaramucci expressed strong confidence in Bitcoin, stating it's his largest investment. He predicts it could reach gold's value, potentially hitting $1.5 million per coin in 10-15 years. Tim Draper also forecasts significant Bitcoin price increases, emphasizing its limited supply.

XRP recently surpassed the $1.40 resistance level, driven by a 12.92% spike in trading volume to $2.63 billion. Renewed interest, notably due to a partnership with Mastercard, may help sustain upward momentum, with potential targets of $1.50 and $2. However, a drop below $1.39 could negate this breakout.

Pi Network completed the V20.2 upgrade, ensuring node alignment and network stability for all operators. AI node experiments tested decentralized computing, using spare node capacity to handle real AI tasks. PI price jumped 16%, breaking resistance at $0.23, eyeing $0.28 as key target. P

Mastercard launches a global crypto partnership program, integrating over 80 crypto and fintech companies to drive the convergence of digital assets and traditional finance. Solana, as one of the participants, shares development collaboration with PayPal and others. Related technologies have begun transitioning from pilot to application, such as Kazakhstan's launch of a Solana-based stablecoin payment. Mastercard hopes to narrow the gap with Visa, while Solana's price fluctuates within key ranges, with market attention focused on its application prospects and ecosystem implementation.

The MOVE Index surged 21% on March 12, signaling that inflation concerns are spreading to global bond markets. Options data for Bitcoin and Ethereum show conservative market sentiment, with put ratios rising. Despite increased financial risks, implied volatility in crypto markets remains relatively stable, but if US Treasury volatility continues to rise, it could put pressure on crypto markets. Overall, the market currently maintains a cautious stance toward risk assets.

Quantitative analyst PlanB has proposed the Stock-to-Flow (S2F) prediction model for Bitcoin, projecting that Bitcoin will average $500,000 between 2024 and 2028. Although the current price is around $67,000, PlanB believes now is the optimal time to buy. The S2F model is based on asset scarcity, and its historical predictions have hit their targets multiple times, indicating the market has not yet overheated. However, he also acknowledges the model has blind spots and the need to monitor demand-side dynamics.