BTC Breaks $100,000 Setting New ATH at $103,900.47 Making History, Analyst Expects $128,000 Price by Year End

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Bitcoin's Predictable Dance: BMSB Dip and SPX Decline in Pre-Halving Year

  • Bitcoin finally breaks through the $100,000 price target making history today.
  • The new ATH is set at $103,900.47, Bitcoin’s first-ever 6-digit ATH.
  • Analyst expects $128,000 BTC price by the end of this year.

Bitcoin breached the $100,000 barrier setting a new ATH at $103.900.47 setting a historic milestone for the pioneer crypto asset. Bitcoin’s previous ATH was set at $99,655.50 last week and analysts were sure that this ATH would be surpassed by BTC very soon to set its first-ever 6-digit ATH. 

Bitcoin Sets First 6-Digit ATH at $103,900.47

This outcome was highly expected by seasoned analysts across the crypto market. One silver-tongued crypto analyst, known for his accurate predictions, predicted that when Bitcoin does set its ATH, it would not be at $100,000, but rather that it would surpass it and set the ATH above as far as $106,000. 

https://twitter.com/DrProfitCrypto/status/1864406127846314251

However, earlier today, Doctor Profit released a new prediction for the price of Bitcoin (BTC). As we can see from the post above, Doctor Profit predicted that the next ATH target for Bitcoin would not be $100,000 or $106,000 but rather a new ATH between the $103,000 and $105,000 price range. 

True to his silver-tongued nature, this is exactly the outcome that played out where according to CoinMarketCap analytics, the latest ATH for Bitcoin (BTC) was set at $103,900.47. Presently, the price of BTC has dipped slightly to $102,695 with a total market cap of $2,033,246,106,971.40 and a 24-hour trading volume of $106,353,538,265.08. 

Analyst Expects $128,000 BTC Price by the End of the Year

https://twitter.com/Washigorira/status/1864252941453889747

With higher expectations for BTC price as the crypto bull cycle continues, analysts are all making continued predictions for how much higher Bitcoin price will go. As we can see from the post above, this analyst predicts that Bitcoin will hit $128,000 by the end of the year. He notices a bull pennant forming on the daily chart and expects a big breakout for BTC price.

The post BTC Breaks $100,000 Setting New ATH at $103,900.47 Making History, Analyst Expects $128,000 Price by Year End appeared first on Crypto News Land.

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