{"id":857306,"date":"2025-06-22T09:12:19","date_gmt":"2025-06-22T14:12:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/22\/this-expert-who-called-bitcoins-peak-just-made-another-bold-850-price-prediction\/"},"modified":"2025-06-22T09:12:19","modified_gmt":"2025-06-22T14:12:19","slug":"this-expert-who-called-bitcoins-peak-just-made-another-bold-850-price-prediction","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/22\/this-expert-who-called-bitcoins-peak-just-made-another-bold-850-price-prediction\/","title":{"rendered":"This Expert Who Called Bitcoin&#8217;s Peak Just Made Another Bold 850% Price Prediction"},"content":{"rendered":"<div data-v-82c469b6>\n<p data-v-82c469b6>Bitcoin (<a href=\"https:\/\/www.financemagnates.com\/tag\/bitcoin-btc\/\" target=\"_self\" data-v-82c469b6>BTC<\/a>)<br \/>\nprice today reflects a market in consolidation, with the world&#8217;s largest<br \/>\ncryptocurrency trading near $106,000 as of Thursday, June 20, 2025. The Bitcoin<br \/>\nprice has shown resilience throughout 2025, gaining approximately 13.5%<br \/>\nyear-to-date despite recent sideways movement. <\/p>\n<p data-v-82c469b6>Current<br \/>\nmarket conditions suggest investors are positioning for the next significant<br \/>\nprice movement, with technical analysis pointing toward potential upside<br \/>\ncatalysts. What is more, <a href=\"https:\/\/www.financemagnates.com\/tag\/novogratz\/\" target=\"_self\" data-v-82c469b6>Mike Novogratz<\/a> predicts, that Bitcoin price may reach $1,000,000<br \/>\nrelatively soon. <\/p>\n<p data-v-82c469b6>Let\u2019s check<br \/>\nwhat\u2019s the current Bitcoin price today, what the technical analysis shows and<br \/>\nwhat the newest BTC price forecasts are.<\/p>\n<h2 data-v-82c469b6>Bitcoin Price Today Stays<br \/>\nUnder $106,000<\/h2>\n<p data-v-82c469b6>Bitcoin<br \/>\nprice today stands at approximately $106,000 according to CoinMarketCap,<br \/>\nrepresenting a 1% upward move compared to last 24 hours. <a href=\"https:\/\/www.financemagnates.com\/trending\/why-is-bitcoin-surging-btc-price-goes-up-today-amid-pin-bar-buy-signal-and-bullish-expert-predictions\/\" target=\"_self\" data-v-82c469b6>The cryptocurrency has<br \/>\nmaintained trading levels above the psychologically important $100,000<br \/>\nthreshold<\/a>, demonstrating strong institutional support at these elevated price<br \/>\nlevels.<\/p>\n<p data-v-82c469b6>Recent<br \/>\nprice action shows <span tabindex=\"-1\" data-ref=\"term-wrapper\" data-v-26a4c466 data-v-82c469b6><span data-v-26a4c466><span data-v-26a4c466>Bitcoin<span><\/span><\/span><\/span> <\/span> has been consolidating within a $102,000 to $112,000<br \/>\nrange since May 2025, following a peak near $112,000 that marked a new all-time<br \/>\nhigh. This consolidation phase has lasted approximately one month, with trading<br \/>\nvolumes declining by 9% as market participants adopt a cautious stance.<\/p>\n<p data-v-82c469b6>The BTC<br \/>\nprice has demonstrated significant year-over-year growth, rising 61% from $65,000<br \/>\none year ago. This substantial appreciation reflects the continued<br \/>\ninstitutional adoption and regulatory clarity that has characterized the 2025<br \/>\nmarket cycle.<\/p>\n<figure data-media-id=\"5fe0f4b0-5c24-47fd-98cb-e17b4e3d95e0\" data-v-82c469b6><figcaption data-v-82c469b6>\n<p>BTC\/USDT price today. Source: Tradingview.com<\/p>\n<\/figcaption><\/figure>\n<h2 data-v-82c469b6>$135K per Bitcoin by<br \/>\nSummer: How High Can BTC Price Go?<\/h2>\n<h3 data-v-82c469b6>On-Balance Volume Signals<br \/>\nAccumulation<\/h3>\n<p data-v-82c469b6>Technical<br \/>\nindicators suggest underlying strength despite the recent price consolidation.<br \/>\nThe on-balance volume (OBV) indicator has continued trending upward even as<br \/>\nBitcoin price remains range-bound, signaling hidden accumulation by<br \/>\ninstitutional investors.<\/p>\n<p data-v-82c469b6>Market<br \/>\nanalyst Cas Abb\u00e9 notes that this OBV divergence mirrors a similar pattern from<br \/>\nMarch-April 2025, which preceded a 57% Bitcoin rally from the $76,000\u2013$84,000<br \/>\nrange to over $110,000. <a href=\"https:\/\/www.financemagnates.com\/trending\/how-high-can-bitcoin-go-new-btc-price-predictions-point-to-200k-in-2025-and-1m-long-term\/\" target=\"_self\" data-v-82c469b6>This historical precedent supports Bitcoin price<br \/>\nprediction models targeting $130,000\u2013$135,000 by Q3 2025.<\/a><\/p>\n<p data-v-82c469b6>\u201cIf OBV<br \/>\ncontinues to go up, BTC will eventually break out of its consolidation range,\u201d<br \/>\nthe analyst commented on X. \u201cI&#8217;m still convinced that $130K\u2013$135K BTC will<br \/>\nhappen in Q3 2025.\u201d<\/p>\n<blockquote data-v-82c469b6>\n<div lang=\"en\" dir=\"ltr\" data-v-82c469b6>\n<p>Bitcoin OBV is still in an uptrend.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>$BTC<\/a> price is consolidating, but On-Balance Volume (OBV) is still making higher highs.<\/p>\n<p>For those who don&#8217;t know, rising OBV indicates buying pressure.<\/p>\n<p>If OBV continues to go up, BTC will eventually break out of its consolidation range.<\/p>\n<p>I&#8217;m\u2026 <a href=\"https:\/\/t.co\/ikD7FeJb2T\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>pic.twitter.com\/ikD7FeJb2T<\/a><\/p>\n<\/div>\n<p>\u2014 Cas Abb\u00e9 (@cas_abbe) <a href=\"https:\/\/twitter.com\/cas_abbe\/status\/1935272984362762685?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>June 18, 2025<\/a><\/p><\/blockquote>\n<h3 data-v-82c469b6>Bull Flag Formation Points<br \/>\nto Breakout<\/h3>\n<p data-v-82c469b6>Bitcoin<br \/>\nappears to be forming a classic bull flag pattern on daily charts, with the<br \/>\nflagpole established during the surge to $112,000 in May, followed by the<br \/>\ncurrent consolidation phase forming the flag component. A technical analysis<br \/>\nsuggests this continuation pattern could drive Bitcoin toward the $130,000<br \/>\nlevel if confirmed with a breakout above $109,000 resistance.<\/p>\n<figure data-media-id=\"af2c5250-f772-439f-a83b-3308fb192c38\" data-v-82c469b6><figcaption data-v-82c469b6>\n<p>BTC price technical analysis with the bull flag pattern. Source: Tradingview.com<\/p>\n<\/figcaption><\/figure>\n<p data-v-82c469b6><strong data-v-82c469b6>Key<br \/>\ntechnical levels include:<\/strong><\/p>\n<ul data-v-82c469b6>\n<li data-v-82c469b6><strong data-v-82c469b6>Support<\/strong>: $103,600 (immediate), $100,000<br \/>\n(psychological)<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Resistance<\/strong>: $109,000 (breakout level),<br \/>\n$112,000 (recent high)<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Critical<br \/>\nSupport<\/strong>:<br \/>\n$90,000\u2013$92,000 (200-day EMA confluence)<\/li>\n<\/ul>\n<p data-v-82c469b6>Based on my<br \/>\ntechnical analysis, if Bitcoin manages to break out of the current bearishly<br \/>\nsloped regression channel, we could see a new all-time high and a further<br \/>\nincrease of several dozen percent.<\/p>\n<h2 data-v-82c469b6>Mike Novogratz\u2019s Bitcoin<br \/>\nPrice Prediction Support Higher Targets<\/h2>\n<p data-v-82c469b6>Galaxy<br \/>\nDigital CEO Mike Novogratz has articulated a long-term Bitcoin price prediction<br \/>\nof $1 million, citing two primary catalysts: increased adoption through<br \/>\n\u201corange pilling\u201d of institutional leaders and macroeconomic factors<br \/>\nincluding government spending and dollar debasement. Novogratz specifically<br \/>\nhighlighted the conversion of BlackRock&#8217;s Larry Fink as a significant<br \/>\ninstitutional adoption milestone.<\/p>\n<blockquote data-v-82c469b6>\n<div lang=\"en\" dir=\"ltr\" data-v-82c469b6>\n<p>&#8220;Adoption and the macro backdrop&#8221; are the two metrics that move the price of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>$BTC<\/a>, according to <a href=\"https:\/\/twitter.com\/galaxyhq?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>@galaxyhq<\/a> CEO <a href=\"https:\/\/twitter.com\/novogratz?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>@novogratz<\/a>. <\/p>\n<p>He believes kids will be into bitcoin because they &#8220;like digital stuff,&#8221; adding that when money gets passed down to the next generation, &#8220;they&#8217;re going to\u2026 <a href=\"https:\/\/t.co\/IYPQWm4o6d\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>pic.twitter.com\/IYPQWm4o6d<\/a><\/p>\n<\/div>\n<p>\u2014 Schwab Network (@SchwabNetwork) <a href=\"https:\/\/twitter.com\/SchwabNetwork\/status\/1934724996732985622?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>June 16, 2025<\/a><\/p><\/blockquote>\n<p data-v-82c469b6>The wealth<br \/>\ntransfer from baby boomers to younger generations represents another structural<br \/>\ntailwind, as Novogratz notes that younger investors prefer digital assets over<br \/>\ntraditional stores of value like gold. <\/p>\n<p data-v-82c469b6>\u201cAnd so how<br \/>\ndo I think Bitcoin can go to a million? Well, gold is roughly a $20 trillion<br \/>\nasset, and Bitcoin is roughly a $2 trillion asset. We had Warren Buffett<br \/>\nretire. Charlie Munger passed away. They didn\u2019t like Bitcoin. They\u2019re not<br \/>\nBitcoin people, but I bet you their grandkids are right. Kids like digital<br \/>\nstuff. And as we have this wealth transfer from baby boomers, who are all, rest<br \/>\ntheir souls, going to slowly pass away and that money gets passed down, they\u2019re<br \/>\ngoing to be more willing to buy Bitcoin than gold,\u201d Novogratz commented.<\/p>\n<p data-v-82c469b6>With gold<br \/>\nrepresenting a $20 trillion market compared to Bitcoin&#8217;s $2 trillion market<br \/>\ncapitalization, significant upside potential exists if Bitcoin captures even a<br \/>\nportion of gold&#8217;s market share.<\/p>\n<p data-v-82c469b6>It\u2019s worth<br \/>\nnoting that Novogratz has previously shown a strong sense for Bitcoin\u2019s upward<br \/>\nmoves. In 2017, he suggested that the price could rise to $10,000 within 3 to 6<br \/>\nmonths, implying gains of several hundred percent. As we know, Bitcoin not only<br \/>\nmet that target but surpassed it, soaring to nearly $20,000 that same year.<\/p>\n<p data-v-82c469b6><strong data-v-82c469b6>You may also like<\/strong>: <a href=\"https:\/\/www.financemagnates.com\/trending\/kiyosaki-predicts-bitcoin-at-1-million-by-2030-as-economic-crisis-looms-how-high-can-btc-price-go\/\" target=\"_self\" data-v-82c469b6><strong data-v-82c469b6>Kiyosaki Predicts Bitcoin at $1 Million by 2030 as Economic Crisis Looms. How High Can BTC Price Go?<\/strong><\/a><\/p>\n<h2 data-v-82c469b6>Why Will Bitcoin Go Up?<\/h2>\n<p data-v-82c469b6><strong data-v-82c469b6>Several<br \/>\nfactors support the bullish case for Bitcoin price appreciation:<\/strong><\/p>\n<ul data-v-82c469b6>\n<li data-v-82c469b6><strong data-v-82c469b6>Institutional<br \/>\nAdoption<\/strong>: Continued<br \/>\nETF inflows and corporate treasury adoption<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Regulatory<br \/>\nClarity<\/strong>: Favorable<br \/>\npolicy developments reducing institutional barriers<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Macroeconomic<\/strong> <strong data-v-82c469b6>Environment<\/strong>: Potential Fed rate<br \/>\ncuts and dollar weakness<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Technical<br \/>\nSetup<\/strong>: Bull flag<br \/>\nformation and positive OBV divergence<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Supply<br \/>\nDynamics<\/strong>: April<br \/>\n2024 <span tabindex=\"-1\" data-ref=\"term-wrapper\" data-v-26a4c466 data-v-82c469b6><span data-v-26a4c466><span data-v-26a4c466>halving<span><\/span><\/span><\/span> <\/span> effects continuing to constrain new supply<\/li>\n<\/ul>\n<h3 data-v-82c469b6>ETF Flows and<br \/>\nInstitutional Interest<\/h3>\n<p data-v-82c469b6>The<br \/>\napproval and success of spot Bitcoin ETFs continues to drive institutional<br \/>\nadoption, with billions in inflows supporting current price levels. BlackRock&#8217;s<br \/>\niShares Bitcoin Trust alone has experienced significant inflows of<br \/>\napproximately $81 million, despite broader market outflows of $132 million<br \/>\nthrough early June.<\/p>\n<p data-v-82c469b6>Institutional<br \/>\nportfolio allocations to Bitcoin have reached unprecedented levels, with<br \/>\nsurveys indicating 59% of institutional investors now dedicate at least 10% of<br \/>\ntheir portfolios to digital assets. This represents a fundamental shift from<br \/>\nspeculative positioning to strategic, long-term integration of Bitcoin as a<br \/>\ncore portfolio component.<\/p>\n<h3 data-v-82c469b6>U.S. Stablecoin<br \/>\nLegislation Progress<\/h3>\n<p data-v-82c469b6>The U.S.<br \/>\nSenate&#8217;s passage of the GENIUS Act on June 17, 2025, with a 68-30 vote,<br \/>\nrepresents a watershed moment for cryptocurrency regulation. This stablecoin<br \/>\nregulatory framework could indirectly benefit Bitcoin by providing broader<br \/>\nregulatory clarity for the digital asset ecosystem.<\/p>\n<blockquote data-v-82c469b6>\n<p lang=\"en\" dir=\"ltr\" data-v-82c469b6>The GENIUS Act has passed the Senate.<\/p>\n<p>\u2014 Senator Cynthia Lummis (@SenLummis) <a href=\"https:\/\/twitter.com\/SenLummis\/status\/1935087652677537884?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>June 17, 2025<\/a><\/p><\/blockquote>\n<p data-v-82c469b6>The<br \/>\nlegislation requires stablecoins to be backed by liquid assets and mandates<br \/>\nmonthly public disclosure of reserve compositions. Industry experts view this<br \/>\nas potentially driving Bitcoin adoption as regulatory clarity reduces<br \/>\ninstitutional hesitation around digital asset investments.<\/p>\n<h3 data-v-82c469b6>SEC Policy Shifts<\/h3>\n<p data-v-82c469b6>The<br \/>\nSecurities and Exchange Commission&#8217;s establishment of a <a href=\"https:\/\/www.financemagnates.com\/cryptocurrency\/sec-drops-coinbase-lawsuit-as-crypto-task-force-promises-regulatory-clarity\/\" target=\"_self\" data-v-82c469b6>Crypto Task Force in<br \/>\nFebruary 2025<\/a> marked a significant policy shift toward collaboration rather<br \/>\nthan enforcement-first tactics. The Task Force&#8217;s 10-point plan addresses key<br \/>\nissues including token offerings, custody, staking, and broker-dealer rules,<br \/>\nproviding clearer operational guidelines for market participants.<\/p>\n<p data-v-82c469b6>The<br \/>\ndismissal of the civil enforcement action against Coinbase on February 27,<br \/>\n2025, further signals the SEC&#8217;s more accommodative stance toward established<br \/>\ncryptocurrency platforms.<\/p>\n<h3 data-v-82c469b6>Federal Reserve Policy<br \/>\nImpact<\/h3>\n<p data-v-82c469b6>Current<br \/>\nmarket conditions reflect a \u201cwait and see\u201d approach from the Federal<br \/>\nReserve, with officials maintaining interest rates while monitoring inflation<br \/>\ntrends. CME Group&#8217;s FedWatch Tool indicates markets favor a rate cut in<br \/>\nSeptember, which could provide additional tailwinds for Bitcoin and other risk<br \/>\nassets.<\/p>\n<p data-v-82c469b6>Trading<br \/>\nfirm QCP Capital identifies upcoming trade war deadlines as potential<br \/>\nvolatility catalysts, including EU retaliatory tariffs on July 14 and the<br \/>\nexpiration of China tariff pauses on August 12. These geopolitical developments<br \/>\ncould drive episodic volatility in risk assets, including Bitcoin.<\/p>\n<h2 data-v-82c469b6>Bitcoin Short-Term Price<br \/>\nOutlook<\/h2>\n<p data-v-82c469b6>For early<br \/>\nJuly, the outlook skews bullish if current support zones hold. Analysts at<br \/>\nBitfinex, quoted by <em data-v-82c469b6>FinanceMagnates.com<\/em>, anticipate that a continuation of ETF<br \/>\ninflows and institutional buying could lift Bitcoin toward the $115,000 range.<br \/>\nThe $111,000\u2013$112,000 region is seen as a near-term resistance zone, and a<br \/>\nstrong breakout above it could open the door to a move toward $125,000\u2013$140,000<br \/>\nby the end of July. This extended forecast, while optimistic, is conditional on<br \/>\npersistent investor demand and favorable macro trends.<\/p>\n<p data-v-82c469b6>However,<br \/>\nthe downside cannot be ignored. If Bitcoin fails to maintain support at<br \/>\n$105,000\u2014especially in the face of reduced ETF activity or<br \/>\nstronger-than-expected U.S. labor market data\u2014the price could fall back to<br \/>\n$100,000 or even test deeper supports near $94,000. <em data-v-82c469b6>FinanceMagnates.com<\/em> emphasizes<br \/>\nthe need to closely monitor trading volume and broader economic indicators, as<br \/>\nthey will likely dictate whether bullish momentum can be sustained into August.<\/p>\n<table data-v-82c469b6 readabilityDataTable=\"1\">\n<tbody data-v-82c469b6>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6><strong data-v-82c469b6>Period<\/strong><\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6><strong data-v-82c469b6>Bullish<br \/>\n  Scenario<\/strong><\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6><strong data-v-82c469b6>Bearish<br \/>\n  Scenario<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Late June<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Holds above $105K and breaks $108K<br \/>\n  \u2192 bullish setup<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Breaks below $103K \u2192 decline<br \/>\n  toward $100K\u2013$102K<\/p>\n<\/td>\n<\/tr>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Early July<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>ETF momentum \u2192 rise toward $115K<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Weak volume \u2192 consolidation below<br \/>\n  $110K<\/p>\n<\/td>\n<\/tr>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Late July<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Breakout above $112K \u2192 target<br \/>\n  $125K\u2013$140K<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Breakdown below $105K \u2192 risk<br \/>\n  revisiting $94K<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 data-v-82c469b6>Will Bitcoin Reach $1<br \/>\nMillion?<\/h2>\n<p data-v-82c469b6>Bitcoin<br \/>\nprice analysis reveals a market in consolidation at historically elevated<br \/>\nlevels, with technical indicators suggesting potential for significant upside<br \/>\nmovement. The combination of institutional adoption, regulatory clarity, and<br \/>\nfavorable technical patterns supports analyst predictions of how high can<br \/>\nBitcoin go reaching $130,000\u2013$135,000 by Q3 2025.<\/p>\n<p data-v-82c469b6>Current<br \/>\nmarket conditions reflect a maturing asset class with reduced volatility and<br \/>\nincreased institutional participation. While short-term price movements remain<br \/>\nsubject to various catalysts including Federal Reserve policy and geopolitical<br \/>\ndevelopments, the long-term outlook remains constructive based on fundamental<br \/>\nadoption trends and technical analysis.<\/p>\n<p data-v-82c469b6>Investors<br \/>\nshould monitor key resistance levels around $109,000 for confirmation of the<br \/>\nbull flag breakout, while maintaining awareness of support levels at $103,600<br \/>\nand the critical $100,000 psychological threshold. The convergence of<br \/>\ninstitutional adoption, regulatory progress, and technical indicators suggests<br \/>\nBitcoin price may be positioned for its next significant upward movement in the<br \/>\ncoming months.<\/p>\n<\/div>\n<div data-v-82c469b6>\n<p data-v-82c469b6>Bitcoin (<a href=\"https:\/\/www.financemagnates.com\/tag\/bitcoin-btc\/\" target=\"_self\" data-v-82c469b6>BTC<\/a>)<br \/>\nprice today reflects a market in consolidation, with the world&#8217;s largest<br \/>\ncryptocurrency trading near $106,000 as of Thursday, June 20, 2025. The Bitcoin<br \/>\nprice has shown resilience throughout 2025, gaining approximately 13.5%<br \/>\nyear-to-date despite recent sideways movement. <\/p>\n<p data-v-82c469b6>Current<br \/>\nmarket conditions suggest investors are positioning for the next significant<br \/>\nprice movement, with technical analysis pointing toward potential upside<br \/>\ncatalysts. What is more, <a href=\"https:\/\/www.financemagnates.com\/tag\/novogratz\/\" target=\"_self\" data-v-82c469b6>Mike Novogratz<\/a> predicts, that Bitcoin price may reach $1,000,000<br \/>\nrelatively soon. <\/p>\n<p data-v-82c469b6>Let\u2019s check<br \/>\nwhat\u2019s the current Bitcoin price today, what the technical analysis shows and<br \/>\nwhat the newest BTC price forecasts are.<\/p>\n<h2 data-v-82c469b6>Bitcoin Price Today Stays<br \/>\nUnder $106,000<\/h2>\n<p data-v-82c469b6>Bitcoin<br \/>\nprice today stands at approximately $106,000 according to CoinMarketCap,<br \/>\nrepresenting a 1% upward move compared to last 24 hours. <a href=\"https:\/\/www.financemagnates.com\/trending\/why-is-bitcoin-surging-btc-price-goes-up-today-amid-pin-bar-buy-signal-and-bullish-expert-predictions\/\" target=\"_self\" data-v-82c469b6>The cryptocurrency has<br \/>\nmaintained trading levels above the psychologically important $100,000<br \/>\nthreshold<\/a>, demonstrating strong institutional support at these elevated price<br \/>\nlevels.<\/p>\n<p data-v-82c469b6>Recent<br \/>\nprice action shows <span tabindex=\"-1\" data-ref=\"term-wrapper\" data-v-26a4c466 data-v-82c469b6><span data-v-26a4c466><span data-v-26a4c466>Bitcoin<span><\/span><\/span><\/span> <\/span> has been consolidating within a $102,000 to $112,000<br \/>\nrange since May 2025, following a peak near $112,000 that marked a new all-time<br \/>\nhigh. This consolidation phase has lasted approximately one month, with trading<br \/>\nvolumes declining by 9% as market participants adopt a cautious stance.<\/p>\n<p data-v-82c469b6>The BTC<br \/>\nprice has demonstrated significant year-over-year growth, rising 61% from $65,000<br \/>\none year ago. This substantial appreciation reflects the continued<br \/>\ninstitutional adoption and regulatory clarity that has characterized the 2025<br \/>\nmarket cycle.<\/p>\n<figure data-media-id=\"5fe0f4b0-5c24-47fd-98cb-e17b4e3d95e0\" data-v-82c469b6><figcaption data-v-82c469b6>\n<p>BTC\/USDT price today. Source: Tradingview.com<\/p>\n<\/figcaption><\/figure>\n<h2 data-v-82c469b6>$135K per Bitcoin by<br \/>\nSummer: How High Can BTC Price Go?<\/h2>\n<h3 data-v-82c469b6>On-Balance Volume Signals<br \/>\nAccumulation<\/h3>\n<p data-v-82c469b6>Technical<br \/>\nindicators suggest underlying strength despite the recent price consolidation.<br \/>\nThe on-balance volume (OBV) indicator has continued trending upward even as<br \/>\nBitcoin price remains range-bound, signaling hidden accumulation by<br \/>\ninstitutional investors.<\/p>\n<p data-v-82c469b6>Market<br \/>\nanalyst Cas Abb\u00e9 notes that this OBV divergence mirrors a similar pattern from<br \/>\nMarch-April 2025, which preceded a 57% Bitcoin rally from the $76,000\u2013$84,000<br \/>\nrange to over $110,000. <a href=\"https:\/\/www.financemagnates.com\/trending\/how-high-can-bitcoin-go-new-btc-price-predictions-point-to-200k-in-2025-and-1m-long-term\/\" target=\"_self\" data-v-82c469b6>This historical precedent supports Bitcoin price<br \/>\nprediction models targeting $130,000\u2013$135,000 by Q3 2025.<\/a><\/p>\n<p data-v-82c469b6>\u201cIf OBV<br \/>\ncontinues to go up, BTC will eventually break out of its consolidation range,\u201d<br \/>\nthe analyst commented on X. \u201cI&#8217;m still convinced that $130K\u2013$135K BTC will<br \/>\nhappen in Q3 2025.\u201d<\/p>\n<blockquote data-v-82c469b6>\n<div lang=\"en\" dir=\"ltr\" data-v-82c469b6>\n<p>Bitcoin OBV is still in an uptrend.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>$BTC<\/a> price is consolidating, but On-Balance Volume (OBV) is still making higher highs.<\/p>\n<p>For those who don&#8217;t know, rising OBV indicates buying pressure.<\/p>\n<p>If OBV continues to go up, BTC will eventually break out of its consolidation range.<\/p>\n<p>I&#8217;m\u2026 <a href=\"https:\/\/t.co\/ikD7FeJb2T\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>pic.twitter.com\/ikD7FeJb2T<\/a><\/p>\n<\/div>\n<p>\u2014 Cas Abb\u00e9 (@cas_abbe) <a href=\"https:\/\/twitter.com\/cas_abbe\/status\/1935272984362762685?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>June 18, 2025<\/a><\/p><\/blockquote>\n<h3 data-v-82c469b6>Bull Flag Formation Points<br \/>\nto Breakout<\/h3>\n<p data-v-82c469b6>Bitcoin<br \/>\nappears to be forming a classic bull flag pattern on daily charts, with the<br \/>\nflagpole established during the surge to $112,000 in May, followed by the<br \/>\ncurrent consolidation phase forming the flag component. A technical analysis<br \/>\nsuggests this continuation pattern could drive Bitcoin toward the $130,000<br \/>\nlevel if confirmed with a breakout above $109,000 resistance.<\/p>\n<figure data-media-id=\"af2c5250-f772-439f-a83b-3308fb192c38\" data-v-82c469b6><figcaption data-v-82c469b6>\n<p>BTC price technical analysis with the bull flag pattern. Source: Tradingview.com<\/p>\n<\/figcaption><\/figure>\n<p data-v-82c469b6><strong data-v-82c469b6>Key<br \/>\ntechnical levels include:<\/strong><\/p>\n<ul data-v-82c469b6>\n<li data-v-82c469b6><strong data-v-82c469b6>Support<\/strong>: $103,600 (immediate), $100,000<br \/>\n(psychological)<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Resistance<\/strong>: $109,000 (breakout level),<br \/>\n$112,000 (recent high)<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Critical<br \/>\nSupport<\/strong>:<br \/>\n$90,000\u2013$92,000 (200-day EMA confluence)<\/li>\n<\/ul>\n<p data-v-82c469b6>Based on my<br \/>\ntechnical analysis, if Bitcoin manages to break out of the current bearishly<br \/>\nsloped regression channel, we could see a new all-time high and a further<br \/>\nincrease of several dozen percent.<\/p>\n<h2 data-v-82c469b6>Mike Novogratz\u2019s Bitcoin<br \/>\nPrice Prediction Support Higher Targets<\/h2>\n<p data-v-82c469b6>Galaxy<br \/>\nDigital CEO Mike Novogratz has articulated a long-term Bitcoin price prediction<br \/>\nof $1 million, citing two primary catalysts: increased adoption through<br \/>\n\u201corange pilling\u201d of institutional leaders and macroeconomic factors<br \/>\nincluding government spending and dollar debasement. Novogratz specifically<br \/>\nhighlighted the conversion of BlackRock&#8217;s Larry Fink as a significant<br \/>\ninstitutional adoption milestone.<\/p>\n<blockquote data-v-82c469b6>\n<div lang=\"en\" dir=\"ltr\" data-v-82c469b6>\n<p>&#8220;Adoption and the macro backdrop&#8221; are the two metrics that move the price of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>$BTC<\/a>, according to <a href=\"https:\/\/twitter.com\/galaxyhq?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>@galaxyhq<\/a> CEO <a href=\"https:\/\/twitter.com\/novogratz?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>@novogratz<\/a>. <\/p>\n<p>He believes kids will be into bitcoin because they &#8220;like digital stuff,&#8221; adding that when money gets passed down to the next generation, &#8220;they&#8217;re going to\u2026 <a href=\"https:\/\/t.co\/IYPQWm4o6d\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>pic.twitter.com\/IYPQWm4o6d<\/a><\/p>\n<\/div>\n<p>\u2014 Schwab Network (@SchwabNetwork) <a href=\"https:\/\/twitter.com\/SchwabNetwork\/status\/1934724996732985622?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>June 16, 2025<\/a><\/p><\/blockquote>\n<p data-v-82c469b6>The wealth<br \/>\ntransfer from baby boomers to younger generations represents another structural<br \/>\ntailwind, as Novogratz notes that younger investors prefer digital assets over<br \/>\ntraditional stores of value like gold. <\/p>\n<p data-v-82c469b6>\u201cAnd so how<br \/>\ndo I think Bitcoin can go to a million? Well, gold is roughly a $20 trillion<br \/>\nasset, and Bitcoin is roughly a $2 trillion asset. We had Warren Buffett<br \/>\nretire. Charlie Munger passed away. They didn\u2019t like Bitcoin. They\u2019re not<br \/>\nBitcoin people, but I bet you their grandkids are right. Kids like digital<br \/>\nstuff. And as we have this wealth transfer from baby boomers, who are all, rest<br \/>\ntheir souls, going to slowly pass away and that money gets passed down, they\u2019re<br \/>\ngoing to be more willing to buy Bitcoin than gold,\u201d Novogratz commented.<\/p>\n<p data-v-82c469b6>With gold<br \/>\nrepresenting a $20 trillion market compared to Bitcoin&#8217;s $2 trillion market<br \/>\ncapitalization, significant upside potential exists if Bitcoin captures even a<br \/>\nportion of gold&#8217;s market share.<\/p>\n<p data-v-82c469b6>It\u2019s worth<br \/>\nnoting that Novogratz has previously shown a strong sense for Bitcoin\u2019s upward<br \/>\nmoves. In 2017, he suggested that the price could rise to $10,000 within 3 to 6<br \/>\nmonths, implying gains of several hundred percent. As we know, Bitcoin not only<br \/>\nmet that target but surpassed it, soaring to nearly $20,000 that same year.<\/p>\n<p data-v-82c469b6><strong data-v-82c469b6>You may also like<\/strong>: <a href=\"https:\/\/www.financemagnates.com\/trending\/kiyosaki-predicts-bitcoin-at-1-million-by-2030-as-economic-crisis-looms-how-high-can-btc-price-go\/\" target=\"_self\" data-v-82c469b6><strong data-v-82c469b6>Kiyosaki Predicts Bitcoin at $1 Million by 2030 as Economic Crisis Looms. How High Can BTC Price Go?<\/strong><\/a><\/p>\n<h2 data-v-82c469b6>Why Will Bitcoin Go Up?<\/h2>\n<p data-v-82c469b6><strong data-v-82c469b6>Several<br \/>\nfactors support the bullish case for Bitcoin price appreciation:<\/strong><\/p>\n<ul data-v-82c469b6>\n<li data-v-82c469b6><strong data-v-82c469b6>Institutional<br \/>\nAdoption<\/strong>: Continued<br \/>\nETF inflows and corporate treasury adoption<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Regulatory<br \/>\nClarity<\/strong>: Favorable<br \/>\npolicy developments reducing institutional barriers<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Macroeconomic<\/strong> <strong data-v-82c469b6>Environment<\/strong>: Potential Fed rate<br \/>\ncuts and dollar weakness<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Technical<br \/>\nSetup<\/strong>: Bull flag<br \/>\nformation and positive OBV divergence<\/li>\n<li data-v-82c469b6><strong data-v-82c469b6>Supply<br \/>\nDynamics<\/strong>: April<br \/>\n2024 <span tabindex=\"-1\" data-ref=\"term-wrapper\" data-v-26a4c466 data-v-82c469b6><span data-v-26a4c466><span data-v-26a4c466>halving<span><\/span><\/span><\/span> <\/span> effects continuing to constrain new supply<\/li>\n<\/ul>\n<h3 data-v-82c469b6>ETF Flows and<br \/>\nInstitutional Interest<\/h3>\n<p data-v-82c469b6>The<br \/>\napproval and success of spot Bitcoin ETFs continues to drive institutional<br \/>\nadoption, with billions in inflows supporting current price levels. BlackRock&#8217;s<br \/>\niShares Bitcoin Trust alone has experienced significant inflows of<br \/>\napproximately $81 million, despite broader market outflows of $132 million<br \/>\nthrough early June.<\/p>\n<p data-v-82c469b6>Institutional<br \/>\nportfolio allocations to Bitcoin have reached unprecedented levels, with<br \/>\nsurveys indicating 59% of institutional investors now dedicate at least 10% of<br \/>\ntheir portfolios to digital assets. This represents a fundamental shift from<br \/>\nspeculative positioning to strategic, long-term integration of Bitcoin as a<br \/>\ncore portfolio component.<\/p>\n<h3 data-v-82c469b6>U.S. Stablecoin<br \/>\nLegislation Progress<\/h3>\n<p data-v-82c469b6>The U.S.<br \/>\nSenate&#8217;s passage of the GENIUS Act on June 17, 2025, with a 68-30 vote,<br \/>\nrepresents a watershed moment for cryptocurrency regulation. This stablecoin<br \/>\nregulatory framework could indirectly benefit Bitcoin by providing broader<br \/>\nregulatory clarity for the digital asset ecosystem.<\/p>\n<blockquote data-v-82c469b6>\n<p lang=\"en\" dir=\"ltr\" data-v-82c469b6>The GENIUS Act has passed the Senate.<\/p>\n<p>\u2014 Senator Cynthia Lummis (@SenLummis) <a href=\"https:\/\/twitter.com\/SenLummis\/status\/1935087652677537884?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-82c469b6>June 17, 2025<\/a><\/p><\/blockquote>\n<p data-v-82c469b6>The<br \/>\nlegislation requires stablecoins to be backed by liquid assets and mandates<br \/>\nmonthly public disclosure of reserve compositions. Industry experts view this<br \/>\nas potentially driving Bitcoin adoption as regulatory clarity reduces<br \/>\ninstitutional hesitation around digital asset investments.<\/p>\n<h3 data-v-82c469b6>SEC Policy Shifts<\/h3>\n<p data-v-82c469b6>The<br \/>\nSecurities and Exchange Commission&#8217;s establishment of a <a href=\"https:\/\/www.financemagnates.com\/cryptocurrency\/sec-drops-coinbase-lawsuit-as-crypto-task-force-promises-regulatory-clarity\/\" target=\"_self\" data-v-82c469b6>Crypto Task Force in<br \/>\nFebruary 2025<\/a> marked a significant policy shift toward collaboration rather<br \/>\nthan enforcement-first tactics. The Task Force&#8217;s 10-point plan addresses key<br \/>\nissues including token offerings, custody, staking, and broker-dealer rules,<br \/>\nproviding clearer operational guidelines for market participants.<\/p>\n<p data-v-82c469b6>The<br \/>\ndismissal of the civil enforcement action against Coinbase on February 27,<br \/>\n2025, further signals the SEC&#8217;s more accommodative stance toward established<br \/>\ncryptocurrency platforms.<\/p>\n<h3 data-v-82c469b6>Federal Reserve Policy<br \/>\nImpact<\/h3>\n<p data-v-82c469b6>Current<br \/>\nmarket conditions reflect a \u201cwait and see\u201d approach from the Federal<br \/>\nReserve, with officials maintaining interest rates while monitoring inflation<br \/>\ntrends. CME Group&#8217;s FedWatch Tool indicates markets favor a rate cut in<br \/>\nSeptember, which could provide additional tailwinds for Bitcoin and other risk<br \/>\nassets.<\/p>\n<p data-v-82c469b6>Trading<br \/>\nfirm QCP Capital identifies upcoming trade war deadlines as potential<br \/>\nvolatility catalysts, including EU retaliatory tariffs on July 14 and the<br \/>\nexpiration of China tariff pauses on August 12. These geopolitical developments<br \/>\ncould drive episodic volatility in risk assets, including Bitcoin.<\/p>\n<h2 data-v-82c469b6>Bitcoin Short-Term Price<br \/>\nOutlook<\/h2>\n<p data-v-82c469b6>For early<br \/>\nJuly, the outlook skews bullish if current support zones hold. Analysts at<br \/>\nBitfinex, quoted by <em data-v-82c469b6>FinanceMagnates.com<\/em>, anticipate that a continuation of ETF<br \/>\ninflows and institutional buying could lift Bitcoin toward the $115,000 range.<br \/>\nThe $111,000\u2013$112,000 region is seen as a near-term resistance zone, and a<br \/>\nstrong breakout above it could open the door to a move toward $125,000\u2013$140,000<br \/>\nby the end of July. This extended forecast, while optimistic, is conditional on<br \/>\npersistent investor demand and favorable macro trends.<\/p>\n<p data-v-82c469b6>However,<br \/>\nthe downside cannot be ignored. If Bitcoin fails to maintain support at<br \/>\n$105,000\u2014especially in the face of reduced ETF activity or<br \/>\nstronger-than-expected U.S. labor market data\u2014the price could fall back to<br \/>\n$100,000 or even test deeper supports near $94,000. <em data-v-82c469b6>FinanceMagnates.com<\/em> emphasizes<br \/>\nthe need to closely monitor trading volume and broader economic indicators, as<br \/>\nthey will likely dictate whether bullish momentum can be sustained into August.<\/p>\n<table data-v-82c469b6 readabilityDataTable=\"1\">\n<tbody data-v-82c469b6>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6><strong data-v-82c469b6>Period<\/strong><\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6><strong data-v-82c469b6>Bullish<br \/>\n  Scenario<\/strong><\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6><strong data-v-82c469b6>Bearish<br \/>\n  Scenario<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Late June<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Holds above $105K and breaks $108K<br \/>\n  \u2192 bullish setup<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Breaks below $103K \u2192 decline<br \/>\n  toward $100K\u2013$102K<\/p>\n<\/td>\n<\/tr>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Early July<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>ETF momentum \u2192 rise toward $115K<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Weak volume \u2192 consolidation below<br \/>\n  $110K<\/p>\n<\/td>\n<\/tr>\n<tr data-v-82c469b6>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Late July<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Breakout above $112K \u2192 target<br \/>\n  $125K\u2013$140K<\/p>\n<\/td>\n<td data-v-82c469b6>\n<p data-v-82c469b6>Breakdown below $105K \u2192 risk<br \/>\n  revisiting $94K<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 data-v-82c469b6>Will Bitcoin Reach $1<br \/>\nMillion?<\/h2>\n<p data-v-82c469b6>Bitcoin<br \/>\nprice analysis reveals a market in consolidation at historically elevated<br \/>\nlevels, with technical indicators suggesting potential for significant upside<br \/>\nmovement. The combination of institutional adoption, regulatory clarity, and<br \/>\nfavorable technical patterns supports analyst predictions of how high can<br \/>\nBitcoin go reaching $130,000\u2013$135,000 by Q3 2025.<\/p>\n<p data-v-82c469b6>Current<br \/>\nmarket conditions reflect a maturing asset class with reduced volatility and<br \/>\nincreased institutional participation. While short-term price movements remain<br \/>\nsubject to various catalysts including Federal Reserve policy and geopolitical<br \/>\ndevelopments, the long-term outlook remains constructive based on fundamental<br \/>\nadoption trends and technical analysis.<\/p>\n<p data-v-82c469b6>Investors<br \/>\nshould monitor key resistance levels around $109,000 for confirmation of the<br \/>\nbull flag breakout, while maintaining awareness of support levels at $103,600<br \/>\nand the critical $100,000 psychological threshold. The convergence of<br \/>\ninstitutional adoption, regulatory progress, and technical indicators suggests<br \/>\nBitcoin price may be positioned for its next significant upward movement in the<br \/>\ncoming months.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.financemagnates.com\/trending\/this-expert-who-called-bitcoins-peak-just-made-another-bold-850-price-prediction\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Damian Chmiel<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) price today reflects a market in consolidation, with the world&#8217;s largest cryptocurrency trading near $106,000 as of Thursday, June 20, 2025. The Bitcoin price has shown resilience throughout 2025, gaining approximately 13.5% year-to-date despite recent sideways movement. Current market conditions suggest investors are positioning for the next significant price movement, with technical analysis<\/p>\n","protected":false},"author":1,"featured_media":857307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[227,275],"tags":[],"class_list":{"0":"post-857306","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-called","8":"category-expert"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=857306"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/857307"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=857306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=857306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=857306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}