Analysts predict Bitcoin will break $100,000 in January!
Bitcoin rebounded this week, and the market was buzzing. A top analysis company stated that there is more excitement to come, predicting Bitcoin could rise to $100,000 in January.
Bitcoin rebounded this week, and the market exploded.
They predict Bitcoin could break the $100,000 barrier in January.
Meme coins are also not idle, with Pepe's ICO quickly raising $23.5 million, and investors are rushing to participate.
Top cryptocurrency research companies: Bitcoin will soon break $100,000.
Research, which specifically predicts cryptocurrencies, suggests that this rebound in Bitcoin might just be the beginning.
They previously got 13 out of 15 predictions right, and this time issued a buy alert, stating Bitcoin is set to rise.
Historically, after a sharp decline, if Bitcoin rises to a six-month high, it usually increases by 40% over the next three months.
Following this pattern, Bitcoin could break $100,000 in January.
Moreover, large firms like BlackRock view Bitcoin as “digital gold,” with spot Bitcoin ETFs earning $4.1 billion this month.
Companies like MicroStrategy are also in action, and with Trump elected president, this momentum shows no signs of stopping.
As Bitcoin rises, retail traders have largely not participated.
Currently, the number of people searching for “Bitcoin” is only 23% of that during the crazy market in May 2021. Coinbase's rank in the app store has dropped to 308, whereas it was in the top 50 during previous bull markets.
This indicates that retail traders have low interest, suggesting Bitcoin may still have room to grow.
CryptoQuant also reported that last month, small investors transferred only $326 million daily, the lowest in three years.
Historically, during such calm periods, it often signals a significant upcoming rise, as everyday investors tend to wait for a clear trend before entering the market.
Currently, Bitcoin is hovering around $71,600, having dropped a bit since yesterday afternoon, but considering the previous surge, this might just be a minor pullback before the bull market.
From this perspective, Research's prediction of Bitcoin reaching $100,000 is not out of the question.
Pepe benefits from Bitcoin's surge
As Bitcoin rises, Pepe's ICO is also thriving, quickly raising $23.5 million.
Recently, I plan to set up a potential coin that is ready to surge, doubling my investment seems very simple. At the same time, I'm also looking for some potential coins to hold until the end of the year, with a projected upside of over 10 times not being a problem. If you want to keep up, leave a message, follow, like, and share for free.
