How Soon Could Bitcoin Price Hit $100K?

by

As a seasoned crypto investor who has witnessed the ups and downs of the market since its inception, I’ve learned to take predictions with a grain of salt but always keep an open mind. The various analyst forecasts for Bitcoin reaching $100K by late 2024 to 2026 seem plausible, given the bullish outlook and the ongoing uptrend. However, I’m more inclined towards the Mars-Vesta Cycle theory that predicts an all-time high for BTC on October 6, 2025.

The current short-term prediction for Bitcoin‘s price trend leans towards optimism, but there’s hesitation among traders regarding its long-term direction. Previous patterns suggest that the four-year cycle of Bitcoin, which we are still experiencing, is ongoing. If this upward movement persists, many in the cryptocurrency sphere are wondering when Bitcoin’s price might reach $100K.

How Soon Can Bitcoin Price Hit $100K?

According to the Mars-Vesta Cycle prediction, we might see Bitcoin reaching $100,000 by October 6, 2025, which is approximately 392 days from now. On the other hand, many Bitcoin analysts anticipate that the price could reach between $100,000 and $150,000 sometime between late 2024 and 2026.

Popular Analysts Forecast When Bitcoin Could Hit $100K

Experienced trader Peter Brandt, who has been active in the trading industry for more than four decades, shared his thoughts on Bitcoin’s price surge in a recent post dated September 10. In this post, he revised his bullish prediction for Bitcoin from $100,000 to $150,000 by August 2025. (Previously posted on Twitter, now known as X post)

 

Besides Peter Brandt’s projection of $150K for Bitcoin, several well-known cryptocurrency investors anticipate a comparable future for Bitcoin. Here are some widely held Bitcoin prediction outlooks:

    Matrixport’s Markus Thielen forecasts BTC price could hit $125K by the end of 2024.
    Bloomberg Intelligence’s Mike McGlone expects Bitcoin to hit $100K by 2026. 
    Bernstein’s Gautam Chhugani predicts $100K per BTC by 2025.

By September 10th, the value of a single Bitcoin was trading at approximately $57,360. If we consider the projected target price of $100,000, that would imply an increase of roughly 75% from its current level.

According to the Mars-Vesta Theory, it gives a precise date when Bitcoin might reach its local peak, whether that’s at $100K, $150K, or even $200K, unlike other forecasts which do not specify an exact date.

Mars-Vesta Cycle Forecasts BTC Price to Hit $100K By October 2025 

The Mars-Vesta Cycle theory notes that astrology influences financial market cycles that occur every 3.84 to 3.90 years. This hypothesis has a huge impact on Bitcoin cycles and is closely similar to BTC’s four-year cycle.

    Assuming a 3.9-year Mars-Vesta cycle for BTC shows an impeccable accuracy that predicts cycle tops and bottoms. 
    3.9 years is 1,423 days, and the chart below shows the importance of the 3.9-year cycle, which points to the Bitcoin cycle tops or all-time highs and bottoms.

According to our study, there’s a strong possibility that the current pattern might peak at its highest point ever on October 6, 2025. On the other hand, the lowest point in the next cycle is projected for November 2, 2026.

BTC/USD 1-week chart

5 Reasons Why Will Bitcoin Hit $100K?

    The Trump vs. Harris debate will be a key short-term factor that influences Bitcoin price and crypto market volatility. 
    The US Federal Reserve’s rate cut decision on September 18 will be a major event. Investors and analysts are bullish and expect a slashing of the interest rates by 25 basis points, which could promote borrowing and a rally for risk-on assets like Bitcoin.
    Bitcoin’s four-year cycle suggests that BTC is unlikely to crash here and has a long way to go before it plummets. 
    The Mars-Vesta cycle, similar to the four-year cycle, also notes that the BTC price is far from forming an all-time high.
    With the approval of spot Bitcoin ETF, institutional investors are jumping on the digital gold narrative, which could fuel the next part of the bull rally.

The role these catalysts play is crucial for determining Bitcoin’s price, potentially pushing it towards a value of $100K within the coming weeks.

Read More

2024-09-10 18:42