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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%.
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
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.
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 ...
Given these active price-boosting catalysts, Bitcoin's price can rise more than 50% over the next 16 months, reaching $100,000 or more. But always remember to take predictions with a grain of salt.
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.
When forecasting the future price of Bitcoin, it's important to consider a wide range of potential outcomes. 3 Bold Predictions For Where Bitcoin Could Be 4 Years From Now (The Last One Might ...