Bitcoin's fall to $67,000 from $71,980 has led to market anxieties, yet analysts Jelle, Mags, BitQuant, and Rekt Capital remain bullish. They compare current patterns to past bull runs, predicting a probable surge to $95,000-$100,000 after consolidating and breaking resistance levels.
Bitcoin's mining difficulty jumps by almost 2%, with a hash rate spike over 600 EH/s, amid speculation on U.S. spot Ethereum ETFs. This keeps mining times at 10 minutes, ensuring network stability. Hash price sees modest recovery, boosting miner morale alongside Bitcoin's price uptrend and positive forecast from analyst BitQuant.
Crypto analyst BitQuant, known for accurately predicting Bitcoin's rise before the fourth halving, forecasts a Bitcoin price target of $95,000. He indicates a swift surge to this value, a 50% increase from the current level, with potential short-term milestones of $49,000 and $75,000.
Analysts from BitQuant and Mikybull Crypto anticipate an explosive surge in Bitcoin's price to $95,000 in one significant move.
BitQuant predicts a $95K Bitcoin price, envisaging rapid records, but can't specify when BTC will hit new peaks.
