Famous analyst Vince Prince predicted bitcoin’s growth by 10,614% by 2026

A well-known analyst and trader Vince Prince has shared his predictions about the future of the flagship cryptocurrency: bitcoin will grow by 10,614% by Christmas 2026. According to Prince, for the third year in a row, BTC has been forming a Christmas cycle, the so-called Merry Christmas Cycle, according to which large-scale growth is planned for 2026.

«The important thing is that the Merry Christmas Cycle has always worked perfectly in the past. Therefore, there is a very high probability that the same cycle will work in the future when the bear market ends ,» Vince Prince emphasized.

If the trader’s forecasts come true and bitcoin rises by 10,614%, its value will be about $ 1,800,000 in 2026. At the time of writing, the growth of BTC $56,347.38 Bitcoin -1.29% Market capitalization $1.11 trillion VOL. 24 hours $2.76 billion has not been recorded, but investors are actively accumulating the digital asset. According to CoinMarketCap, the number of addresses holding BTC is 43,743,275, which is the highest figure for the month.

Regarding the immediate prospects for BTC, trader Michael van de Poppe gave another forecast for the cryptocurrency for the last week of December 2022. He noted that the flagship digital asset will not be very volatile in the near future.

According to van de Poppe, it is extremely important for the bulls to stay above the support level of $ 16,750, which they have been doing quite successfully in recent days. The expert believes that if the trend continues and digital gold quotes do not fall below $ 16,400, it will mean an early breakthrough of the BTC rate to $ 17,400.