Bitcoin’s window to reach $100K by end of Q4 'looks very tight'
Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to a crypto analyst.
As Q3 concludes, uncertainty surrounds Bitcoin’s (BTC) chances of reaching six figures by year-end. However, according to a crypto analyst, returning to its current all-time high remains within reach.
“The window to get to $100k by the end of the quarter looks very tight to me. You would need everything to go right from this point on and you simply can’t be sure that is going to happen,” Swyftx lead crypto analyst Pav Hundal told Cointelegraph.
Hundal believes that “the central scenario after this break in market structure is for new all-time highs in the $75-80K range by Christmas.”
Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to a crypto analyst.
As Q3 concludes, uncertainty surrounds Bitcoin’s (BTC) chances of reaching six figures by year-end. However, according to a crypto analyst, returning to its current all-time high remains within reach.“The window to get to $100k by the end of the quarter looks very tight to me. You would need everything to go right from this point on and you simply can’t be sure that is going to happen,” Swyftx lead crypto analyst Pav Hundal told Cointelegraph.Hundal believes that “the central scenario after this break in market structure is for new all-time highs in the $75-80K range by Christmas.”Read more