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Here Are Updated Timelines for Remaining Spot XRP ETF Launches

Abdulkarim Abdulwahab
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Here Are Updated Timelines for Remaining Spot XRP ETF Launches

XRP community analyst Zack Rector has released a new breakdown of the updated XRP ETF rollout, outlining when each remaining issuer is likely to launch.

His review clarifies confusion around dates, filing requirements, and which issuers have properly triggered the SEC’s 20-day countdown rule.

Why Some XRP ETFs Can Launch Without SEC Sign-Off

Rector explained that U.S.-based spot ETFs no longer require explicit SEC approval if issuers remove the delay clause from their S-1 filings. Once that language is removed, a 20-day automatic countdown begins, allowing the product to go live even without the agency’s final sign-off.

This is how Canary Capital launched its Litecoin, XRP, Bitwise, and Grayscale Solana products during the U.S. government shutdown.

Canary’s XRP ETF already went live on November 13 after making amended filings on October 24.

Confirmed Launch Windows: Bitwise, Grayscale, Franklin Templeton

After reviewing the SEC’s EDGAR database, Rector shared the verified timeline:

Bitwise — Earliest Launch Date

The Bitwise XRP ETF has the earliest launch window of November 20, just two days away. Bitwise updated its S-1 on October 31 with the correct language, placing the earliest launch date on Friday.

Interestingly, in a tweet on Monday, Bitwise even teased an upcoming development without adding context:

“You will not believe what I just heard,” the statement read, accompanied by an anticipating emoji.

Members of the XRP community believe the firm is referring to its XRP ETF.

Grayscale and Franklin Templeton Launch Dates

Meanwhile, the Grayscale XRP ETF has a launch date of November 24. Grayscale filed its updated S-1 on November 3. The 20-day mark falls on Sunday, November 23, making Monday, November 24 the expected launch date.

Likewise, the Franklin Templeton XRP ETF is set for November 24 after the issuer updated its S-1 on November 4 with the proper language.

Rector noted confusion online about Franklin allegedly launching on November 18, clarifying that no filing supports that date.

Issuers That Failed to Trigger the Countdown

Rector highlighted three issuers that have not updated their filings correctly and therefore have no active countdown:

  • WisdomTree and CoinShares — Last Updated October 10
    No updated S-1 has been filed since, and the required language is missing.
  • 21Shares — Updated November 7, but With Incorrect Language
    Rector expressed disbelief at the oversight, noting that 21Shares’ updated S-1 still contains the delay clause, preventing the ETF from moving forward.

Unless the SEC decides to proactively approve all remaining spot XRP ETFs at once, these issuers will remain behind.

No Major Sell-the-News Event Expected

Rector said he does not expect another heavy sell-the-news reaction once the remaining ETFs go live. In his view, the recent pullback in XRP price after the Canary Capital ETF launch was the true sell-the-news moment.

He argued that historically, ETF-induced pullbacks have created major buying opportunities, pointing to Bitcoin’s correction to $48,000 before surging to $120,000, and Ethereum’s 40% drop before rallying 130%.

Rector added that he continues to increase his XRP long position at these levels.

Bitcoin Dips to $89K, Industry Leaders Eye Bottom This Week

Zabi
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Bitcoin Dips to $89K, Industry Leaders Eye Bottom This Week

Bitcoin slipped below $90,000, a key support level, on Tuesday, renewing fears across the crypto market. 

Consequently, the move erased its year-to-date gains and reinforced concerns that the recent downturn is far from over.

The world’s largest cryptocurrency slipped to $89,253 in early Tuesday trading, its lowest level since April. However, it later bounced to about $90,202, but the recovery remained limited. Bitcoin is now down more than 3% in 2025 and down 5% on the day.

This weakness follows its record high of $126,080 on October 6, 2025. Selling pressure increased soon after the $19 billion liquidation of leveraged positions on October 10, which accelerated the correction.

The decline also falls within the 400 to 600-day window after the April 2024 halving, a period in which past peaks often formed.

The latest pullback also affected major altcoins. Ethereum traded near $3,011, falling 23% over the past month. Solana declined to $135.79, representing a 27.3% drop over the same period. Meanwhile, XRP proved more resilient, losing only 8.4% to trade at $2.16.

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Bitcoin and crypto market dip

Analysts View the Drop as Typical Cycle Behavior

Amid the broader market sell-off, analysts at The Kobeissi Letter reminded investors that Bitcoin often experiences deep pullbacks. They noted that since 2017, the asset has seen more than ten drops of 25%, six declines of 50%, and three of 75%. Importantly, the firm emphasized that every downturn of a similar size has eventually led to new highs.

Bitcoin now sits 29% below its all-time high, which they described as normal cycle behavior tied to a mechanical unwinding of leverage, rather than a shift in fundamentals. They emphasized that nothing significant has changed between the $126,000 and $89,000 price points.

Industry Leaders Suggest a Market Bottom Is Near

Meanwhile, some industry leaders believe the sell-off is nearing its end. Cameron Winklevoss, co-founder of Gemini, told investors that Bitcoin under $90,000 may represent a final buying opportunity.

Similarly, others share a comparable view. Tom Lee, chairman of BitMine, and Matt Hougan, CIO at Bitwise, both expect Bitcoin to find a bottom this week.

During an interview with CNBC, Lee said traders remain cautious after the October 10 liquidation and uncertainty over a possible Federal Reserve rate cut in December.

Hougan called the current price zone a “generational opportunity” and said long-term investors may view it as a favorable entry point. He also linked the downturn to broader concerns involving the economy, high AI valuations, and tariff measures by President Donald Trump.

Multiple Factors Fuel the Downturn

Earlier this week, several crypto executives cited ETF outflows, large-volume selling by whales, and rising geopolitical tensions as reasons for the continuing weakness. These pressures have added to the fragility of a market already coping with heavy leverage and volatile sentiment.

To Avoid Price Gaps, OTC Market Makers Are Quietly Buying XRP: Analyst

Mark Brennan
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To Avoid Price Gaps, OTC Market Makers Are Quietly Buying XRP: Analyst

An XRP community pundit has suggested that private OTC market makers may be rapidly buying XRP in anticipation of ETF acquisition needs.

Chad Steingraber, a professional game designer, made this assertion after he observed unusual spikes in volumes belonging to the Canary Capital XRP ETF (XRPC), which began trading five days ago. For context, XRPC launched on Nov. 13 as the first pure spot XRP ETF in the U.S., impressing the market with its debut performance.

Data confirms that on its debut, XRPC recorded $245 million worth of inflows and a volume of over $59 million, marginally outpacing Bitwise’s Solana ETF (BSOL). Since then, Steingraber has continued to track its volume performance, identifying sudden spikes that have triggered investor interest.

Canary XRP ETF Seeing Volume Spikes

For instance, yesterday, Steingraber pointed out that XRPC opened the week with a buy volume spike involving 84,103 shares at 9:30 AM EST. At the then price of $24.4 per share, this volume amounted to $2.056 million. 

However, this did not only represent buy volume, but total trading volume, which also includes sales. Data shows that after Steingraber’s disclosure, the volume spiked further to 103,323 shares worth $2.5 million.

Canary Capital XRP ETF Yahoo Finance
Canary Capital XRP ETF | Yahoo Finance

Meanwhile, the game designer also called attention to the fact that during the first hour of trading, XRPC observed a volume of 304,863 shares valued at $7.45 million. 

Considering the impressive trend at the start of the day, he estimated the fund to witness a total volume of up to 1.9 million shares worth $48 million yesterday. He then projected the XRP ETF to buy 11 million XRP from this volume but failed to present how he arrived at this figure. However, XRPC closed the day with a volume of 860,300 shares worth around $20 million.

OTC Market Makers May be Rapidly Buying XRP

As Steingraber continued to identify these surges, one commenter noted that the volume spikes on Yahoo Finance seem to align with similar surges observed on the XRP chart on Coinbase. The individual asked if this pattern was normal.

Responding, Steingraber admitted that he wasn’t sure. However, he suggested that the volume spikes could be the direct result of over-the-counter (OTC) market makers rapidly purchasing XRP. Notably, such a purchase spree may occur as these market makers position themselves for potential ETF acquisition needs.

According to Steingraber, they may not want a significant price difference between the XRP price at purchase and the price of their shares. He suggested that if these market makers delay their purchases by a day or two, the price difference at that time could be unfavorable for them.

However, while the premise seems sound, Steingraber’s assumption has some shortcomings. Specifically, there is no guarantee that the volume spikes, whether on the Coinbase XRP chart or the XRPC chart, came from only buy orders. Notably, the surges come from total trading volume, not just buys. 

Despite this, market data confirms that XRPC has indeed been seeing impressive stats after its initial debut success. Notably, data from Sosovalue confirms that on Nov. 17, the product recorded $25.4 million worth of inflows, joining its Solana counterparts to buck the overall bearish trend in the market.

Shiba Inu Highlights Benefits of SHIB Inclusion in Japan’s Green List

Lele Jima
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Shiba Inu Highlights Benefits of SHIB Inclusion in Japan’s Green List

The Shiba Inu ecosystem team has highlighted the significance of SHIB’s inclusion on Japan’s Green List. 

Shiba Inu recently secured a significant regulatory milestone in Japan, a nation considered one of the world’s strictest crypto jurisdictions. Notably, the token was added to the country’s Green List of pre-approved digital assets—a designation managed by the Japan Virtual and Crypto Assets Exchange Association (JVCEA).

The Green List places SHIB among a select group of 30 vetted tokens, including Bitcoin and Ethereum, signaling a significant level of trust and compliance within Japan’s regulated market.

Benefits of Shiba Inu Inclusion in Japan’s Green List

Given Japan’s reputation for rigorous oversight, SHIB’s inclusion marks a meaningful step forward for the token’s legitimacy, credibility, and potential adoption in the region, according to Shiba Inu’s official blog post.

Earlier today, Shiba Inu marketing lead Luci explained on X the significance of Shiba Inu’s latest recognition in Japan and the potential benefits the inclusion could attract.

Strong Recognition

According to Lucie, being added to the Green List grants Shiba Inu a strong level of recognition. She noted that the achievement confirms SHIB meets Japan’s official standards for compliance and can be widely handled within the country’s regulated crypto ecosystem.

Easy Listings

Lucie also highlighted that SHIB’s inclusion makes it easier for exchanges in Japan to list the token. Japanese platforms will no longer need to undergo a lengthy approval process before allowing SHIB trading.

Currently, SHIB is officially listed for trading on several Japanese cryptocurrency exchanges, including BitTrade, SBI VC Trade, Okcoin, and CoinCheck.

With its addition to the Green List, Lucie expects more exchanges to list the token soon—potentially boosting access, liquidity, and overall trading activity in the Japanese market.

Higher Trust

Furthermore, Lucie emphasized that Japan does not approve tokens lightly. Therefore, SHIB’s inclusion on the Green List serves as a strong indicator that the token is considered reliable and compliant within one of the world’s most stringent regulatory systems.

Potential Tax Advantage

Lucie also pointed out that Shiba Inu could benefit from Japan’s ongoing crypto tax reform, which includes the possibility of lowering taxes for assets on the Green List. Currently, crypto traders must declare profits as miscellaneous income, with top earners being taxed as high as 55%.

The FSA is now advocating for a flat 20% tax rate to align Japan with global norms. Multiple sources suggest that this proposed 20% rate would apply only to crypto assets included on the Green List.

Shiba Inu’s official X account also highlighted this potential tax advantage, noting that such a change could serve as a key catalyst for SHIB’s growth in Japan.

Expert Shares Only Two Realistic Paths for XRP Price After ETF

Abdulkarim Abdulwahab
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Expert Shares Only Two Realistic Paths for XRP Price After ETF

XRP commentator Chad Steingraber has outlined what he believes are the only two realistic outcomes for XRP now that spot ETFs have entered the market. 

His post comes as investors continue to debate why XRP has not yet rallied despite a record-breaking ETF debut from Canary Capital.

Two Scenarios, One Conclusion

According to Steingraber, the math behind ETF demand leaves XRP with only two long-term possibilities. In the first scenario, XRP’s price stays at current levels while ETF issuers steadily accumulate “the entire circulating supply” over the next year. 

In the second scenario, XRP’s price rises dramatically, reducing the pace of accumulation because higher prices theoretically limit how much issuers can buy.

Steingraber argues that in either case, the outlook remains positive for holders. If the circulating supply is absorbed, the scarcity would pressure prices upward. 

If price rises earlier, ETFs would still play a strong role in pushing demand higher. For Steingraber, both outcomes point to the same conclusion: “Either way, we win.”

XRP ETF Mechanisms Are Delaying Visible Market Impact

His comments also echo explanations recently shared by XRPL Foundation Board Director Fabio Marzella, who addressed the lack of immediate price movement following the launch of the XRPC ETF. 

Marzella noted that because ETFs settle on a T+1 cycle, issuers only receive investor funds the next business day, delaying when they can begin buying XRP.

This means even large inflows are not reflected in spot markets instantly. Early ETF demand flows through slowly and often silently, sometimes only becoming noticeable weeks after the initial launch.

Additionally, most ETF issuers acquire XRP through OTC desks rather than public exchanges. This masks the actual buying activity, giving the spot market a calm appearance despite significant accumulation behind the scenes.

Market Conditions Are Muting Early Demand

Marzella’s scenario also considers the broader macro backdrop. XRP’s ETF debut occurred during a period when Bitcoin slipped below $100,000 and dragged the wider market down with it. 

Despite this, XRPC recorded $245 million in day-one inflows and one of the strongest ETF launches of 2025. Meanwhile, XRP fell from $2.52 to roughly $2.25.

With six more spot XRP ETFs set to launch from issuers including Bitwise, Grayscale, Franklin Templeton, and 21Shares, the long-term picture may be much larger than today’s numbers suggest. 

Recent projections showed that if all seven XRP ETFs attract $600 million per month for a year, total inflows could reach $7.2 billion.

Using a conservative 100x multiplier, which estimates how ETF demand translates into market value, XRP could see an additional $720 billion added to its market cap, enough to push the price toward the $14 range. 

Meanwhile, this depends on favorable market conditions, and at the moment, the market is largely bearish.

Analyst Identifies SMA Trend Looking ‘Very Dangerous for XRP’

Sam Wisdom Raphael
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Analyst Identifies SMA Trend Looking ‘Very Dangerous for XRP’

A market analyst has spotlighted two moving average trends that could spell trouble for XRP but identifies a silver lining.

Notably, this warning came from “Steph is Crypto,” a well-known market commentator, amid the ongoing downtrend that has impacted both XRP and the broader crypto market. For context, XRP has collapsed by more than 14% over the past week, changing hands at $2.14, a 41.3% drop from the yearly peak of $3.65 in July.

Despite weeks of bearish price action, Steph found that steeper declines may still be on the horizon. Specifically, the market analyst called attention to a bearish price action surrounding XRP’s 50-week simple moving average (SMA), with historical trends suggesting further downside could still play out.

Weekly Close Below 50W SMA

Notably, when XRP closes a weekly candle below the 50-week SMA, what often follows is a steeper decline. This trend has played out multiple times over the past seven years, but Steph only spotlighted two major cases.

The first case on his chart occurred amid the correction from the $3.31 peak in early 2018. During this correction, XRP closed a weekly candle below the 50W SMA in June 2018. What followed was a crash that pushed prices from $0.58 to $0.245, representing a 57.7% decline within ten weeks.

XRP 1W Chart Steph is Crypto
XRP 1W Chart Steph is Crypto

Steph’s chart also identifies another occurrence in early 2022. Specifically, XRP closed its first week of the year at $0.85, below the 50W SMA at $0.89. The downturn that emerged pushed prices from $0.85 to $0.28 by June 2022, a 74% crash. 

XRP Observes Another Bearish Close

Now, the XRP price has witnessed another weekly close below the 50W SMA on the back of the ongoing market collapse. Specifically, two weeks back, XRP closed at $2.36, below the pivotal moving average at $2.54. “This looks very dangerous for XRP,” Steph said. 

Since this bearish close, XRP has dropped about 9% to the current price of $2.14. If XRP mirrors the historical trend, even the lower drop of 57.7% would push prices to $0.998 or roughly $1. Meanwhile, if XRP replicates the steeper 74% decline, its price could slump to around $0.61, the level it traded for before the November 2024 upsurge.

However, with spot ETFs emerging, recent Ripple partnerships, legal clarity, and treasury firms, a 74% drop for XRP remains unlikely at this point. Interestingly, Steph also highlighted a silver lining in a separate report surrounding another bearish trend on the daily chart.

A Silver Lining

Notably, he pointed out that XRP had witnessed a death cross on the daily timeframe. For context, this death cross, which occurs when the 50-day MA falls below the 200-day MA, emerged on Nov. 9. Since then, XRP has dropped 6%, and historical trends also suggest sharper declines may materialize.

XRP Death Cross
XRP Death Cross

Nonetheless, Steph found that the declines that occur following the death cross often point to the market bottom, leading to a subsequent explosion. This pattern played out in 2017 and 2020. In each case, XRP’s price explosion occurred shortly after the drop that came from the death cross.

Interestingly, market watcher Cryptollica believes XRP could drop further to retest $1.95, but he expects a recovery run to a new ATH at $10.

Dogecoin Is Trading Near Key Support Level — Can A Rebound Ensue?

Albert Brown
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Dogecoin Is Trading Near Key Support Level — Can A Rebound Ensue?

Dogecoin trades near key support as weekly chart shows third trendline touch, hinting at potential rebound.

As the crypto market continues to face heightened volatility, Dogecoin (DOGE) has not been immune to recent downturns. DOGE is currently trading at $0.1611, reflecting a 11.7% decline over the past seven days. This notable drop highlights recent bearish sentiment surrounding the broader market.

The 7-day price chart shows a clear downward trend, with a significant dip occurring around November 13, where DOGE fell steeply on the back of a broader market collapse. Although the price shows some signs of recovery, the overall movement for the week remains negative.

Dogecoin Price Analysis

Technically, Dogecoin’s 1-day chart is showing signs of consolidation just above a key support area. At the time of analysis, DOGE is trading around $0.161, below the 0.236 Fib level at $0.16541, which has acted as resistance over the past few days.

Screenshot 2025 11 17T163517755
Dogecoin

A break above this level could open the door to the next resistance zones at $0.17384 (0.382 Fib) and $0.18066 (0.5 Fib), while failure to hold the support at $0.1578 may see price retesting the recent low or even moving lower. 

Additionally, the Relative Strength Index (RSI), currently reading at 37.93, suggests that DOGE is approaching oversold territory, with the traditional oversold threshold sitting at 30. This level indicates that sellers may be losing momentum, and a reversal or relief bounce could be on the horizon if buying interest returns.

Dogecoin Weekly Chart

Elsewhere, according to Trader Tardigrade, Dogecoin is currently showing a potentially significant technical development on the weekly chart. The latest weekly candle has closed right on a key support trendline around the $0.15 region, marking the third touch of that trendline. 

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This current setup is being compared to a similar price structure observed between 2023 and 2024, which preceded a slow but steady bull run as part of Dogecoin’s broader 2021–2026 market cycle. The implication is that DOGE may once again be positioning itself at the early stage of a larger bullish move, provided this support level continues to hold. 

Analysts Says XRP May First Retest $1.95, But Eyes $10 Target

Mark Brennan
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Analysts Says XRP May First Retest $1.95, But Eyes $10 Target

XRP is showing signs of a potential major rally, with analysts highlighting a multi-year chart structure that could push the token toward $10. 

The cryptocurrency is currently trading at $2.25, up 1% in the past day and narrowing its weekly loss to 11.5%. Technical observers note a key retest at $1.955, a level that previously acted as resistance before XRP broke higher in earlier cycles.

Analyst Cryptollica shared a chart on X, showing a long-term pattern that suggests a return to the $1.955 support zone may set the stage for a continuation move toward $10. 

Image

Chart Nerd later amplified the setup, prompting discussions on XRP’s potential next leg up. Interestingly, Ali Martinez earlier projected a similar setup, forecasting a possible dip to $1.90 before the token resumes its uptrend, reflecting over 10 months of consolidation.

XRP Surge Historical Context

Cryptollica’s historical chart shows that XRP’s 2014–2018 cycle followed a four-part structure. The first phase, from 2014 to 2017, was characterized by a long-term upward trend through 2015, followed by consolidation, while XRP moved within a rising channel, steadily forming higher lows.

This period of measured consolidation continued until March 2017, paving the way for Phase 2, which saw a strong breakout to $0.07 from $0.0042.

Phase 2 quickly gave way to Phase 3 in May 2017. During this stage, XRP experienced a sharp climb, peaking at $0.3988 before entering a consolidation period that lasted from May to November 2017.

The conclusion of this consolidation marked the start of Phase 4, during which the price surged to an all-time high of $3.84 in 2018.

Image

The XRP Cycle is Repeating

Analysts see a similar structure forming in the 2018–2025 cycle. The first phase began with XRP down to $0.1140 in March 2020 after its peak in 2018. XRP rebounded with higher lows as it consolidated between $0.1 and $0.7.

The pattern persisted until November 2024, when XRP broke above the $0.50 level, surging to $2, signaling the start of Phase 2. The uptrend continued until $3.40 in January 2025, marking stage 3, before retreating to around $2, entering a period of sideways consolidation. 

Analysts now view this ongoing consolidation as the final stage of Phase 3, setting the stage for the concluding phase. Looking ahead to Phase 4, Cryptollica expects XRP to experience a renewed upward push similar to the surge from late 2017 to early 2018 if it retreats to $1.955.

According to the analyst, this move could drive prices to $10, representing a roughly 412% gain from the support level. For context, the Phase 4 rally in 2017/2018 produced a dramatic 1,642% increase. Interestingly, he has been consistent on this prediction based on this price pattern. 

Egrag Crypto Sees XRP at $10  

Market analyst EGRAG has also highlighted that the token is currently at the base of a descending triangle, drawing comparisons to similar patterns in 2017 and 2021. 

Based on this setup, he projected potential gains of 306% to 1,404%, implying a price range of $10 to $37. EGRAG also noted that XRP has historically staged significant moves within four to six weeks following such patterns.

Singapore Exchange to Launch Bitcoin and Ethereum Perpetual Futures This Month

Zabi
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Singapore Exchange to Launch Bitcoin and Ethereum Perpetual Futures This Month

Singapore Exchange’s derivatives arm will introduce perpetual futures for Bitcoin and Ethereum on November 24.

This marks a significant step in bringing a widely used crypto instrument into a regulated market. The move aims to meet rising institutional interest while preserving the familiar structure of traditional derivatives.

In a press statement, SGX Derivatives said the launch is to blend the trust of global derivatives markets with the flexibility of crypto trading.

Michael Syn, president of SGX Group, noted that digital assets are already part of institutional portfolios. Consequently, he said the exchange is now applying “institutional discipline” to an instrument traditionally associated with offshore venues.

Perpetual futures have no expiry date, which allows traders to hold positions indefinitely. This structure has made them popular among crypto participants who prefer to avoid contract rollovers.

Notably, the instruments dominate the sector, generating more than $187 billion in daily trading volume, according to SGX’s announcement.

Pricing, Mechanics, and Benchmarking

To keep prices in line with the underlying market, perpetual futures use a funding rate system, which redistributes payments between longs and shorts at fixed intervals.

Moreover, SGX’s contracts will reference the iEdge CoinDesk Crypto Indices, a set of benchmarks widely used for institutional price determination.

Andy Baehr, head of product and research at CoinDesk Indices, said crypto derivatives account for more than two-thirds of total crypto volumes. He also welcomed SGX’s move to offer the product in a regulated setting with standard margining and clearing.

The iEdge CoinDesk Crypto Indices provide both real-time readings and daily reference rates. Specifically, the benchmark rate is published at 4 p.m. SGT, including business holidays and weekends, and tracks trading activity across reliable exchanges. Meanwhile, real-time values update every second to capture market movements throughout the day.

Industry Reaction and Market Impact

Major market players have expressed support for the new offering. DBS Bank and OKX said the contracts arrive at a strategic moment for institutional adoption.

Patrick Yeo, head of digital assets at DBS Bank, said perpetual futures enable institutions to gain crypto exposure without holding the tokens. He added that the structure can improve capital efficiency compared with spot trading.

Gracie Lin, CEO of OKX Singapore, said rising institutional demand is driving interest in regional benchmarks for more diversified portfolios. She added that SGX’s move strengthens market transparency and supports long-term growth in the sector.

Ultimately, with the introduction of perpetual futures, SGX is positioning itself as a regulated gateway for institutional crypto trading.

By doing so, the offering brings a major offshore instrument onshore, providing familiar risk controls for investors who want digital asset exposure within a trusted market framework.

World’s Highest IQ Holder Says Bitcoin to $220,000 by 45 Days

Elendu Benedict
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World’s Highest IQ Holder Says Bitcoin to $220,000 by 45 Days

Another bold Bitcoin outlook in the short term is making the rounds, particularly coming from one of the world’s most unique minds.

Specifically, YoungHoon Kim, who claims to hold the highest IQ in the world, with a score of 276, recently made a bullish Bitcoin price prediction. Speaking in a viral clip shared on his X account, he predicts the pioneering cryptocurrency will reach $220,000 in a matter of days.

Bitcoin to Revert Current Downward Momentum

Notably, this comes as Bitcoin has struggled to show grit in the face of mounting bearish pressure. Its bearish “Uptober” ending has extended well within this month, resulting in a 14.3% correction so far.

A quick-fire rise to $96,000 earlier today has also turned south, with Bitcoin dropping below $94,000 at the time of writing. With its current price of $93,774, BTC has now retraced by 25.7% from its October all-time high of $126,200.

Yet Kim suggests the coin’s southbound days are numbered. According to him, it would not be long before Bitcoin makes a comeback to reclaim six-figure valuations and subsequently reach unprecedented prices. 

He is predicting a 134% growth from the current trading level to $220,000 in the next 45 days. Notably, the timeframe aligns closely with the first day of January 2026.

Kim’s rationale for this outlook is a combination of faith and optimism. While he did not provide any basis for this near-term rally, he pledged to use 100% of the profits from his portfolio upside to facilitate his religious commitments.

Aligning Price Outlooks

Remarkably, this year-end target aligns closely with earlier price expectations for the apex cryptocurrency despite the current sideways trend. For instance, Fundstrat’s Tom Lee recently reinforced his optimistic outlook for Bitcoin by the end of the year, insisting that a run to $200K-$250K is still viable.

Even Kim’s prediction comes under a post from widely followed market pundit Vivek Sen. He shared a prediction from AI chatbot Grok, which forecasts that Bitcoin will rally to a new all-time high of $175,000 in the next 45 days.

Notably, the $220,000 price prediction also aligns with a long-standing target by market technician Egrag Crypto. However, it would require that Bitcoin rebound from recent lows to reclaim former support areas that have now become resistance.

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