Experts anticipate further increases to come as Bitcoin (BTC) begins the week on a high note, similar to the bulk of assets in the cryptocurrency market. Some are certain that the first digital asset will reach $100,000 in the next few years.
In fact, anonymous cryptocurrency analyst PlanB, also known as 100trillionUSD, reaffirmed the forecast from earlier this year in a post on X published on September 18.
He claimed that Bitcoin’s halving event could cause it to move above $32,000, with the 2025 bull market culminating at $100,000 and beyond.
Since Bitcoin has already increased from $18,000 to $27,000 since January 12, when PlanB made the first prognosis, the expert was correct when he said that the November 2022 low marked the bottom for the currency. He predicted that it would rise approaching the 2024 halving.
As a result, the expert predicts that the biggest crypto asset would trade between $23,000 and $66,000 after the 2024 halving, while the succeeding bull market in 2025 may cause a run toward prices between $100,000 and as much as $1 million per unit.