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Bitcoin Price Barrels Towards the $100,000 Target, Analysts Excited to See the Next Bull Target
By: cryptonewsland|2025/05/08 20:30:01
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Bitcoin price barrels towards the $100,000 target. Analysts are thrilled to see their predictions coming true. What bull target will Bitcoin (BTC) hit after $100,000 is claimed?Presently, the crypto market is seeing a bullish pump as both leading cryptocurrencies, pioneer crypto asset Bitcoin (BTC) and pioneer altcoin Ethereum (ETH), are seeing a significantly bullish price pump. In detail, Bitcoin price barrels towards the $100,000 target as ETH price nears the $2,000 price target. At the moment, the price of Bitcoin is over $95,500 and is enaring $100,000.Bitcoin Price Barrels Towards the $100,000 TargetAccording to CoinMarketCap analytics, the price of Bitcoin (BTC) is currently over the $99,700 price mark and is steadily moving to the 6-digit price target of $100,000. Also, the asset boasts a total market cap of $1,980,755,451,843.06 and a 24-hour trading volume of $53,533,206,795.5. The price of BTC is also just under 9% away from its previous ATH record set at $109,114. https://twitter.com/DrProfitCrypto/status/1920391054160695349So far, several reputed analysts have been eagerly waiting for the price of BTC to break out over the $96,000 resistance level and reclaim the $99,000 target. In fact, the silver-tongued analyst, Doctor Profit, known for his many accurate crypto market predictions, has been expecting $100,000 to arrive soon. Much like his post above, the analyst posted repeatedly about a $100,000 BTC price arriving soon.This bullish sentiment seems to be radiating throughout the whole crypto market as well. Based on the CMC Crypto Fear and Greed Index, the crypto market has seen an incredible pump in sentiment. Just last month, the score was 19, indicating an ‘Extreme Fear’ sentiment. Currently, the market flashes a score of 53, marking a more bullish sentiment at ‘Neutral’. Once BTC reclaims 6-digit prices, this sentiment could go to bullish and greedy green signals instead. Bitcoin Set to Break Past $100,000 Pricehttps://twitter.com/JavonTM1/status/1920322675529924955As we can see from the post above, other reputed analysts have also been predicting the same outcome. In detail, the analyst in the post above spotted a pump caused by Bitcoin’s Divergence indicator. This analyst marks the breakout sign at the $94,500 price mark for BTC and expects the price of the pioneer crypto asset to pump immediately to $99,000 and beyond.To highlight, the analyst states that the market has noticed much larger divergences on altcoins and for Bitcoin. He concluded that this could mean a sentiment along the phase 'sharpening of the blade' for when major moves will enfold, leading to incredibly bullish price action, and it seems Bitcoin has taken that lead with ETH following close behind.
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