As Bitcoin maintains a strong bullish position between $96,000 and $98,000, analysts remain more optimistic than ever about the $100,000 price target. This would be the first six-figure ATH for the pioneering cryptocurrency asset in the history of the cryptocurrency market. Traders and analysts are eagerly awaiting the $100,000 ATH as BTC continues to recover from the latest adjustment phase.
The recovery of Bitcoin is accelerating.
As expectations for Bitcoin prices soar to new highs and exceed the $100,000 price level, analysts predict the next ATH for BTC will rise directly to $106,000 and beyond in the coming days. This similar sentiment is also spreading to many altcoins in the cryptocurrency market, most of which have significantly increased since Bitcoin's previous ATH.
Currently, most altcoins have increased in price. For example, VET, VTHO, XRP, and ADA have all started to rise at an increasing rate. While some assets have increased in price by 150% to 200%, analysts predict this will continue as we enter 2025, with expectations that altseason will begin in Q1.
DOGE Prepares to Achieve Previous ATH
Currently, analysts are preparing to welcome larger pumps for altcoins, and one such altcoin is the pioneering cryptocurrency asset Dogecoin (DOGE). According to many renowned analysts, the price of DOGE could rise as high as $10 in this bullish cycle.
As we can see from the post above, this analyst expects the next bullish wave of DOGE will push this asset up by another increase of over 63%. This means that the price of DOGE could soon reach a new ATH of over $0.73.