Bitcoin price is gradually becoming consistent in giving us the green sign and the growth is something we have to appreciate and with time we might be seeing the ATH and a new one before the end of this month. This month is better than 2 to 3 months ago because by this time last month we saw the market price going down without any sign of changing the figure. It seems we might see October dropping the market price at $75k+ or a much higher amount like $80k, that's if there's still time but I believe before the end of this month base on how fast the market price is going we might see Bitcoin price at $70k and it won't show any familiar figure like the $60k or $65k, now Bitcoin price is $68k which I see as a positive move but before the end of this week it might make a positive move to the ATH ($73k).
We may see a new ATH before the end of this month. Although the current market conditions are good compared to the last three months, we also saw the all-time high price crossed $73k in March, which gives us a glimmer of hope for Bitcoin investing. Although it is difficult to say exactly whether Bitcoin will surpass ($73k) by the end of this month, we can imagine that the price of Bitcoin may touch $100k by the end of 2024.
Institutional interest is playing an important role which by analyzing the market dynamics we can believe this trend marks a new phase in Bitcoin mainstream adoption.
With the upcoming US election and bipartisan deficit spending and the optimism that China's recent economic stimulus measures are stirring in global markets, we can expect Bitcoin to cross $100k very soon.
The true form of the upward trend seen in Bitcoin price in March 2024 is yet to come. We expect to see $100k by the end of 2024 and are very optimistic about 2025.