CryptoQuant analysts predict that Bitcoin is set for a significant boost, potentially reaching $100,000. This surge is anticipated due to a favorable seasonal period that aligns with Bitcoin's historical trends. The central factor driving this potential increase is the expected high demand for Bitcoin ETFs.
The analysis indicates that the last quarter of the year is particularly promising for Bitcoin’s performance. This optimism is based on both historical data and the current market conditions that are supportive of such a surge.
Analysts emphasize the importance of ETF demand in propelling Bitcoin to new highs, noting that it could significantly contribute to the upward momentum. This demand, coupled with historical tendencies, makes the prediction of a $100,000 valuation by the year-end a viable possibility.
