Bitcoin's Year-End Predictions: $100K to $125K in Sight

1 min read
Source: Cointelegraph
Bitcoin's Year-End Predictions: $100K to $125K in Sight
Photo: Cointelegraph
TL;DR Summary

Bitcoin's price has surged past $80,000, entering a strong price discovery phase, with analysts predicting it could reach $125,000 by New Year's Eve based on Bayesian probability. Market analyst Peter Brandt suggests that Bitcoin's historical bullish trends support this target, while another trader, Titan of Crypto, sees a potential rise to $158,000. However, a CME gap between $77,800 and $80,600 could lead to a short-term price drop. Despite this, Bitcoin's long-term outlook remains bullish, with potential new all-time highs above $100,000.

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