Crazy predictions for Bitcoin: $100,000 will be too little!

As the Bitcoin (BTC) price approaches $90,000, striking predictions have begun to come from crypto analysts.

The bull run in the crypto market continues at full speed. In the bullish cycle called the “Donald Trump effect,” BTC is running from record to record. The leading cryptocurrency approached $90,000 during the day.

Spot Bitcoin ETFs recorded a net inflow of $1.11 billion the other day. The data in question enabled BTC to rise by 9 percent in the last 24 hours.

Crypto analyst Michael van de Poppe predicted that BTC is just at the beginning of the road and that the rise will reach six-digit levels. The analyst likened the rise in $BTC to the dot.com bubble. An analyst named Coosh stated that BTC is targeting between $270,000 and $340,000.

“Bitcoin will continue its rise”

Bitcoin (BTC), which recorded a trading volume of $138 billion in the last 24 hours, reached a market value of $1.76 trillion. Analysts think that the bull run will continue in BTC, which has increased by nearly 30 percent in a week.

You may be interested: According to Polymarket, Bitcoin will reach $100,000 by the end of the year

Michael van de Poppe claimed that the Bitcoin rise will continue and the BTC price will reach $500,000. The analyst argued that altcoins will also accompany the said rise cycle.

The US CPI data will be announced on November 13. Expectations are that the CPI will be announced by 2.4 percent. Poppe thinks that BTC will make a small correction before the CPI data.

The analyst made the following statements;

“I expect a slight decrease since the CPI will be announced tomorrow. “A 10% correction is possible”

According to Poppe, the market could gain momentum over the next 48 hours.

#CryptoDeNostradame #ParrotBambooCrypto