#forecast
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Bernstein Predicts the Dawn of Crypto’s Infinite Era in 2025
Bernstein Research analysts have unveiled their 2025 crypto forecast, dubbing it the beginning of the “Era of Infinity.” They anticipate a turning point where digital currencies gain widespread acceptance in the global financial framework.Standard Chartered Bets Big on Bitcoin
Standard Chartered has raised its Bitcoin price forecast, now expecting it to hit $150,000 in the short term and escalate to $200,000 within two years. The anticipated surge is primarily attributed to a potential influx of investments into American spot Bitcoin ETFs. 
Could BTC Hit $100,000 by 2024?
Amid the evolving crypto landscape, one prediction stands out: Davis Hui from Caanan foresees BTC's price potentially skyrocketing to $100,000 by 2024. This bullish forecast is rooted in upcoming events like the bitcoin halving, set to diminish the BTC issuance rate by halving miner rewards.
Compounding this optimistic view is the undeniable attention from financial powerhouses, with BlackRock, boasting $10 trillion in assets, as a prime example.
For Hui, it's this mix of major institutional influx and a shrinking bitcoin supply that suggests a bullish future for BTC. Horizon Worlds by Meta: User engagement below forecast
In his exploration of the $36 billion Horizon Worlds metaverse, video blogger Jarvis Johnson found player activity to be surprisingly sparse.
He counted roughly 900 daily English-speaking users. Many of these were children who managed to circumventing the platform's age restrictions.
These findings cast serious doubt on Meta's prior claim of 200,000 engaged users every month, hinting at possible exaggeration. Today's Focus: The CPI Index Release
The US Consumer Price Index, which measures inflation, is set to be unveiled at 12:30 pm UTC.
Current index level: 3.0%
Forecast: 3.3%, marking a 0.3% CPI increase
Discover more about the CPI in our article.
Stay vigilant during potential market swings and approach trading wisely!
UPD: The rate of inflation in the United States has risen to 3.2%, a bit under the forecasted amount. 
Bitcoin vs Altcoins: A Balance Sheet Forecast for 2023
Many traders and investors are eagerly awaiting the start of the altseason. Traditionally, it kicks off after a substantial rise in the Bitcoin price and the onset of an extended sideways trend. However, as of 2023, such a scenario has yet to materialize... 
Predictive Analytics: How AI is Forecasting Business Success
Forecasting is an essential aspect of any business, playing a pivotal role in shaping its future. It assists in anticipating trends in product pricing, understanding customer behavior, and managing a company’s financial inflows and outflows. Such insights are invaluable for strategizing, pinpointing potential challenges, and devising appropriate solutions. 
Goldman Sachs Envisions Gradual Fed Rate Cuts
Their economists anticipate a reduction in interest rates by late June next year, following a gradual quarterly decrease pattern.
“The cuts in our forecast are driven by the desire to normalize the funds rate from a restrictive level once inflation is closer to the target,” says Jan Hatzius, a senior economist at Goldman.
Goldman forecasts rate cuts in Q2 2024, expecting 25 basis point reductions per quarter with pace uncertainties.
“We expect the funds rate to eventually stabilize at 3-3.25%,” say their economists. Cryptocurrencies Trapped by High Interest Rates
Analytical company Nansen has issued a report examining the impact of inflation on both the traditional and cryptocurrency markets. Their experts forecast global growth following the conclusion of the era marked by interest rate hikes and the implementation of transparent regulation. Standard Chartered Predicts Bitcoin to Skyrocket to $100,000
In December 2022, analysts from Standard Chartered presented a less-than-encouraging forecast for the cryptocurrency market in 2023. However, following Bitcoin's remarkable surge from $16,000 to $30,000, the experts at Standard Chartered decided to reassess their prediction. 