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Bitcoin has hit another all-time high this week, leaving analysts and investors speculating on when this latest price rally will finally peak.. The world’s leading cryptocurrency has risen more ...
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.
Bitcoin could still be on pace to hit $100,000 by the end of 2024. Here's why.
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 ...
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%.
Halving event, due in April, has historically preceded record-breaking rallies
Bitcoin is closer than you think to reaching $100,000.
For example, Bitcoin (CRYPTO: BTC) is up 2,370% since the start of 2019 as of this writing on February 14. Ether (CRYPTO: ETH) , the native token for the Ethereum blockchain, is up by 1,650%.