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For a contract on what price Bitcoin will hit in November, the odds are 72% that it will reach $95,000. The price with the next highest odds is $105,000 at 23%, then $110,000 at 14%.
Image source: Getty Images. Thus, for Bitcoin to begin its ascent to $100,000, investor sentiment needs to improve and inflows into the new spot Bitcoin ETFs need to return to their former pace.
"If we do get a bitcoin strategic reserve where the government is buying bitcoin … $200,000 bitcoin is going to be looking quaint. You're going to be looking at $300,000, $400,000, $500,000 bitcoin.
Bitcoin 200 week moving average is 31k. When bitcoin price diverges from 200WMA, in accumulation (blue) and bull markets (orange/red), bitcoin has never gone below 200WMA.
Having soared nearly 58% year-to-date, Bitcoin is making a strong comeback. According to “Rich Dad Poor Dad” author Robert Kiyosaki, even better days could be on the horizon — very soon.
Image source: Getty Images. 1. The impact of spot Bitcoin ETFs. One of the most significant developments in the crypto space this year has been the introduction of spot Bitcoin exchange-traded ...
Bitcoin closes in on $100,000 as crypto analysts make bold 2025 prediction. ... A bitcoin chart is displayed on a laptop screen on 12 November, 2024 in Austin, Texas (Getty Images) ... The Today Show.
That said, my contrarian prediction is that Bitcoin will hit $100,000 by the end of 2024 before going on a spectacular rally next year. The case for Bitcoin hitting $100,000