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02 October, 2024

Bitcoin Price to Hit $100,000? CryptoQuant Says It’s Possible, But There’s a Catch

02 October, 2024

Could Bitcoin really reach $100,000 this year? CryptoQuant analysts believe it’s a possibility, but they highlight a crucial factor: sustained demand. While historical data points to a favorable seasonality for Bitcoin in Q4, a consistent increase in demand will be essential for the price to break through resistance levels and reach new highs.