When Will the Historic Moment Come in Bitcoin? When Will BTC Price Reach 100 Thousand Dollars? Senior Analysts Announced!

Bitcoin (BTC)surpassed $90,000 and reached new ATH at $93,000 just a week after crypto pro-Donald Trump won the 2024 presidential election.

While BTC broke one record after another in a very short period of time, Analysts expect BTC to reach $100 thousand in the short term.

When Will Bitcoin Be 100 Thousand Dollars?

Accordingly Bitget Research baş analisti Ryan LeeHe said he expects Bitcoin to reach a new ATH of $100,000 in November.

Ryan Lee based his prediction on historical data. Accordingly, noting that November is known as the best month in terms of Bitcoin returns, the analyst said that BTC could reach $ 100,000 before the end of the month.

“If history repeats itself and the Bitcoin price rises as predicted, just a 14.7% increase from the current price level would push BTC well above the $100,000 target before the end of November.

“Historical November returns and post-halving cycle trend are also very useful when predicting Bitcoin price movements.”

Bitcoin May Decrease in the Short Term!

Except Ryan Lee Bitfinex While analysts are also positive about the Bitcoin price, they think that $ 100 thousand may come in a few months, not in November.

At this point, Bitfinex analysts, who are more optimistic about Bitcoin’s price course until 2025, said that Donald Trump’s victory will encourage crypto adoption and pave the way for BTC to exceed $ 100,000 in a few months.

“It is difficult to predict the Bitcoin price at this stage, but we expect Bitcoin to fluctuate and consolidate a little after the increases.

In our view, a target of $100,000 for Bitcoin in a few months does not seem too extreme.

However, considering the current bull momentum in BTC and the corrections that will be quite reasonable at some point, we expect Bitcoin to have limited downside potential at the moment. “

*This is not investment advice.