Bitcoin sets a new ATH at $97,555 shortly after setting an ATH at $96,958.
Analysts expects BTC to hit $98,000 as the new ATH target shortly.
Once this is met $100,000 for BTC price should arrive a lot faster.
Earlier today Bitcoin (BTC), the pioneer crypto asset began a bullish run. The asset blew past its previous ATH set in the $93,000 price range and soon shot past the $94,000 and $95,000 range to set a temporary ATH at $96,958. After a short rest, the asset continued to shoot up once again.
Bitcoins New ATH Beaten in a Matter of Hours
Presently, the price of Bitcoin has entered the $97,555 price range and continues to move upward. This is indeed an exciting time for crypto traders and investors across the world. WHat was expected to be a highly bullish Q4 continues to deliver. With both September and October having closed bullish, November seems to be just as promising.
As for how high Bitcoin (BTC) price will go this Q4, this still seems to be up for debate. So far many analyst are certain that Bitocin will hit a starting target of $100,000 by the end of Q4 marking the first 6-digit ATH for Bitcoin (BTC). However, for the current uptrend taking place, one analyst believes $98,000 is as high as it will go for now.
Analysts Prepare for Next 6-Digit ATH for Bitcoin
Following this milestone Bitcoin (BTC) should break past the $100,000 to set new ATHs at the $104,000 and $105,000 price range. At the moment, this seems to be the most popular take from many reputed crypto analysts. Furthermore, the price of Bitcoin BTC also hints at hitting a much higher target this Q4.
According to one silver-tongued analyst, known for his many accurate predictions so far, a $150,000 price target for Bitcoin (BTC) by the end of Q4 may noy be a stretch. Looking at a greater perspective, where the bull cycle will peak sometime next year, many analysts expect $220,000 to $320,000 ATHs for BTC.
The post $97,555 Bitcoin Price Unlocked Immediately After BTC Set its New ATH at $96,958, Analysts Expect $98,000 Shortly appeared first on Crypto News Land.
