Bitcoin has been making headlines lately, especially as it recently surged to an all-time high of $73k. Despite some fluctuations, Bitcoin is striving to maintain stability above $70k, while analysts and experts are making bold predictions for the coin’s future before the end of 2024.

One such prediction comes from crypto expert Plan B, who has forecasted a striking target price of at least $100,000 for Bitcoin by June 2024. Plan B’s analysis is based on a model he developed, indicating a rapid increase in Bitcoin’s price.

In addition, financial guru Robert Kiyosaki has predicted that Bitcoin’s price could skyrocket to $350,000 by mid-August. This forecast is based on his analysis of market trends and factors influencing Bitcoin’s price movements.

Standard Chartered has also joined the fray with a prediction of a $150,000 BTC price by the end of 2024. This forecast is supported by positive payroll data and other market indicators hinting at a potential surge in Bitcoin’s price, possibly reaching $80,000 by the end of June.

As we reflect on the current state of Bitcoin, nearly five months into the year, the elusive $100k mark is yet to be achieved. While it peaked at $73k during the halving pump, fueled by ETF investments, the timing of this milestone is earlier than expected. Typically, breaking the all-time high takes a few months, or even up to six months, after the halving, making Bitcoin’s current price level quite impressive.

Looking ahead, we anticipate some downward pressure on Bitcoin and the broader crypto market. As we climb higher, there may be resistance points causing temporary setbacks or minor upward movements. A bullish pattern is emerging in the total market cap on the daily timeframe, resembling a large bull flag. If this pattern plays out as anticipated, a significant upward movement could be on the horizon.

Reflecting on June 2023, the crypto market experienced a rebound thanks to BTC spot ETF filings, marking a month of advancements and regulatory shifts, with major institutions increasing their involvement. While reaching $100k for Bitcoin by June 2024 may seem improbable, it remains a possibility before the year concludes, given the current trajectory of the market.

Bitcoin has been making headlines lately, especially after hitting record highs of $73k. As Bitcoin aims to stabilize above $70k, experts and analysts are making bold predictions for the coin’s future before the end of 2024.

One notable prediction comes from crypto expert Plan B, who forecasts that Bitcoin could potentially reach a target price of at least $100,000 by June 2024. Plan B’s analysis is based on a model he developed, indicating a rapid increase in Bitcoin’s price.

In addition, financial guru Robert Kiyosaki anticipates Bitcoin’s price skyrocketing to $350,000 by mid-August. This forecast is based on his analysis of market trends and factors influencing Bitcoin’s price movements.

Standard Chartered also predicts a $150,000 price for Bitcoin by the end of 2024. This forecast is supported by positive payroll data and other market indicators pointing to a potential increase in Bitcoin’s price to $80,000 by June’s end.

Despite these predictions, Bitcoin has yet to reach $100k this year, with its highest point being $73k during the halving pump and ETF influx, which is quite unusual. Typically, breaking the all-time high occurs a few months or even six months after the halving. Hence, Bitcoin’s current price level is impressive.

As Bitcoin and the wider crypto market progress, there may be downward breakthroughs. While moving higher, resistance may cause temporary pauses or slight upward pushes for a day. Observing the total market cap on a daily basis reveals a significant bullish pattern—a large bull flag. If this pattern unfolds as expected, a measured upward move could be seen.

Reflecting on June 2023, the crypto market rebounded due to BTC spot ETF filings, showcasing progress and regulatory changes with increased institutional involvement. While achieving $100k for Bitcoin by June 2024 may seem improbable, it remains a possibility before the year concludes, given its current trajectory.