Deep Tide TechFlow news, on October 30, according to Cointelegraph, cryptocurrency research firm 10X Research predicts that current market trends and upcoming global events could drive the market price of Bitcoin to $100,000 by January 2025.
10X Research states that this target price is based on its model, which boasts an accuracy rate of up to 86.66% based on the most recent 15 signals.
Researchers state: "When Bitcoin hits a new six-month high like it has recently within a 6-month period, we typically see an average return of 40% over the next 3 months. Considering this calculation, by January 27, 2025, the price of BTC is expected to rise 40% from the current $73,000 to over $101,000."