This is when Bitcoin might hit the ‘highly anticipated’ $100k mark
The recent Bitcoin (BTC) resurgence is driving increased interest in the possibility of the crypto hitting a new all-time high, with the $100,000 mark considered the next ideal level. Speculation about when it will reach the coveted $100,000 mark has been a constant topic of discussion in the crypto world. Based on this speculation, an Analysis by crypto analyst TradingShot , posted on TradingView on October 26, shed some light on when this long- anticipated milestone might be reached. The analysis derived from historical data and the timing of previous rallies suggested that Bitcoin could experience a 310% rally that takes it to the highly anticipated $100,000 mark in one of four potential months in 2024. “Based on these ranges, we can expect a +310% rally on Bitcoin, which would make a direct hit on the psychological and highly anticipated macro level of $100k , either in January 2024, May 2024, July 2024, or October 2024,” he said. Bitc...