Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Shiba Inu: Sleeping whale moved 100b Shib – will the price fall further?

2025-06-06

The most important economist of Wells Fargo warns that the US economy is ‘skating quite close to a recession’ – here is his prospects

2025-06-06

FCA knew the path for UK Retail Crypto ETF trade – Child of

2025-06-06
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Polyhedra network launches ZKPYTORCH, which may improve the scalability of Ethereum and AI

    2025-06-06

    Moroccan researchers tap blockchain for diploma fraud prevention

    2025-06-06

    Kommunitas and Nativ Forge Alliance to transform Real-World digital economies

    2025-06-06

    Shards Protocol lands $ 2 million from Animoca, YGG to grow web3 Identity Layer

    2025-06-05

    Soonchain Fores Partnership with Rei Network to define web3 gaming

    2025-06-05
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    FCA knew the path for UK Retail Crypto ETF trade – Child of

    2025-06-06

    Anthropic CEO calls for AI transparency, argues against Trump Bill’s decade-long state-controlling freezing

    2025-06-05

    Former Doge -Head Elon Musk tells Wetgevers to kill Trump’s ‘big, beautiful’ account

    2025-06-05

    Hong Kong Reading to legalize Bitcoin and Crypto derivatives in PURT to Web3 leadership

    2025-06-05

    US-based ETFs that set for growth, despite some regulatory, macro-tailwinds

    2025-06-04
  • Analysis

    The most important economist of Wells Fargo warns that the US economy is ‘skating quite close to a recession’ – here is his prospects

    2025-06-06

    A purchase option or warning sign?

    2025-06-06

    Circle makes Wall Street debut as the first major stablecoin -mittent on NYSE

    2025-06-06

    ZK-proof Blockchain Altcoin Lagrange (LA) is getting away after the announcement of new Coinbase support

    2025-06-05

    Successful retest of Breakout zone sets phase for the next leg higher

    2025-06-05
  • Learn

    What Is Crypto Staking? A Beginner-Friendly Guide

    2025-06-05

    What Are Liquidity Pools? A Beginner’s Guide

    2025-06-05

    What Is Yield Farming and How Does It Work?

    2025-06-02

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Is 2024 the year Bitcoin reaches $100,000? Key indicators, demand suggests…
Bitcoin

Is 2024 the year Bitcoin reaches $100,000? Key indicators, demand suggests…

2024-10-07No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Bitcoin could reach a milestone in the fourth quarter.
  • The BTC price has risen by as much as 171% in recent years, and its 2024 trajectory reflects these patterns.

Bitcoin [BTC] is expected to reach new highs between $85,000 and $100,000 in the fourth quarter of 2024. Growing demand, historical seasonal movements, and on-chain metrics are driving this price march higher.

Historically, Bitcoin has done well during the halving years, and 2024 will be no exception.

Rising demand increases Bitcoin’s rally potential

Bitcoin’s current momentum is a result of demand that has gradually developed throughout the year 2024. According to the latest insights from Cryptoquant, statistics suggest that BTC is approaching significant price levels that short-term traders typically profit from after a rally.

A trend that points to potential profit taking between $85,000 and $100,000, but overall the market is optimistic.

Institutional interests have played a key role in this price increase. Most market participants increasingly view it as a hedge against inflation and as a safe asset in times of uncertainty. Such demand could very well push Bitcoin to $85,000-100,000 in the fourth quarter of 2024.

Source: CryptoQuant

Historical halving trends indicate more profits

So far, Bitcoin’s performance in 2024 is in line with previous halving years.

In 2012, the price rose 9% in the fourth quarter, while in 2016 it rose 59%. However, the best year yet was 2020, when Bitcoin rallied 171%.

Since 2024 is a half-year, this very move in the cryptocurrency’s price has positioned it for an explosive finish in the fourth quarter.

See also  MicroStrategy's Michael Saylor calls Bitcoin an institutional-quality asset, earmarked for $1 million

This historical trend strongly supports the argument that Bitcoin could reach the $85,000-100,000 mark as performance spikes several times towards the end of the half-year.

Source: CryptoQuant

Is Bitcoin Heading for a Milestone Move?

With Bitcoin approaching the $85,000 to $100,000 price level, most short-term traders tend to cash out after such rallies.

While this may indeed lead to some short-term volatility, it does not indicate a longer-term downward trend.


Read Bitcoin’s [BTC] Price forecast 2024–2025


In fact, this reflects healthy market activity as long-term holders continue to maintain upward pressure.

As rising demand, strong on-chain metrics, and supportive historical patterns converge. Bitcoin is positioned for a move to the $85,000 to $100,000 range by the end of the fourth quarter of 2024.

Previous: Japan’s Metaplanet Expands Bitcoin Portfolio with Latest Purchase

Next: UAE Crypto Tax Exemption: Could Other Countries Follow?

Source link

Bitcoin Demand Indicators Key Reaches Suggests Year
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin held in the key region: what prevents BTC from Buiteren?

2025-06-06

$ 1B Liquidation Bloodbath: Can Bitcoin hold $ 100k in the midst of Musk -Trump -Drama?

2025-06-06

Bitcoin network activity is booming despite a quiet market – data

2025-06-06

The HODL level of Bitcoin reaches 2 years high: are LTHS the key to the next wave of BTC?

2025-06-06
Add A Comment

Comments are closed.

Top Posts

Renault Korea introduces the NFT campaign “Create Your SM6”.

2023-05-28

Here’s why this Wall Street expert believes XRP is very bullish

2023-10-21

Magic Eden unveils ME token that can be claimed through its wallet

2024-08-22
Editors Picks

If decentralized exchanges are so great, why isn’t anyone using them?

2023-11-22

Ethereum Price Recovery Faces a Major Barrier: Can Bulls Overcome the Bears?

2024-01-29

SEC Delays Decision on Spot Ethereum (ETH) ETF Options for the Second Time

2024-11-10

Sony ventures into Web3 with Blockchain launch timeline

2023-11-25

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Shiba Inu: Sleeping whale moved 100b Shib – will the price fall further?

The most important economist of Wells Fargo warns that the US economy is ‘skating quite close to a recession’ – here is his prospects

FCA knew the path for UK Retail Crypto ETF trade – Child of

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,600.77-2.46%
  • ethereumEthereum(ETH)$2,450.85-6.78%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.13-3.64%
  • binancecoinBNB(BNB)$640.20-4.08%
  • solanaSolana(SOL)$147.02-4.40%
  • usd-coinUSDC(USDC)$1.000.02%
  • tronTRON(TRX)$0.2768371.19%
  • dogecoinDogecoin(DOGE)$0.174821-8.12%
  • cardanoCardano(ADA)$0.64-5.98%
  • hyperliquidHyperliquid(HYPE)$34.52-2.72%
  • suiSui(SUI)$2.98-6.63%
  • chainlinkChainlink(LINK)$13.16-5.42%
  • stellarStellar(XLM)$0.260170-2.80%
  • avalanche-2Avalanche(AVAX)$19.21-5.22%
  • unus-sed-leoUNUS SED LEO(LEO)$8.77-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$384.20-4.90%
  • the-open-networkToncoin(TON)$3.08-3.70%
  • shiba-inuShiba Inu(SHIB)$0.000012-5.67%
  • hedera-hashgraphHedera(HBAR)$0.164087-2.72%
  • litecoinLitecoin(LTC)$84.14-4.85%
  • polkadotPolkadot(DOT)$3.90-3.64%
  • moneroMonero(XMR)$319.420.50%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • bitget-tokenBitget Token(BGB)$4.58-3.39%
  • piPi(PI)$0.62-4.52%
  • pepePepe(PEPE)$0.000011-9.96%
  • uniswapUniswap(UNI)$6.02-5.29%
  • aaveAave(AAVE)$246.31-7.13%
  • bittensorBittensor(TAO)$361.26-5.27%
  • okbOKB(OKB)$49.93-0.30%
  • crypto-com-chainCronos(CRO)$0.098118-2.32%
  • aptosAptos(APT)$4.58-5.01%
  • nearNEAR Protocol(NEAR)$2.30-6.39%
  • internet-computerInternet Computer(ICP)$4.94-6.82%
  • ethereum-classicEthereum Classic(ETC)$16.51-4.82%
  • ondo-financeOndo(ONDO)$0.79-4.72%
  • gatechain-tokenGateToken(GT)$18.64-2.75%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • kaspaKaspa(KAS)$0.082195-1.97%
  • mantleMantle(MNT)$0.64-4.49%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.203229-5.98%
  • vechainVeChain(VET)$0.022906-3.98%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.76-10.93%
  • render-tokenRender(RENDER)$3.64-4.16%
  • ethenaEthena(ENA)$0.291641-7.88%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.79%
  • worldcoin-wldWorldcoin(WLD)$1.05-7.39%
  • filecoinFilecoin(FIL)$2.41-6.84%
  • bitcoinBitcoin(BTC)$102,600.77-2.46%
  • ethereumEthereum(ETH)$2,450.85-6.78%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.13-3.64%
  • binancecoinBNB(BNB)$640.20-4.08%
  • solanaSolana(SOL)$147.02-4.40%
  • usd-coinUSDC(USDC)$1.000.02%
  • tronTRON(TRX)$0.2768371.19%
  • dogecoinDogecoin(DOGE)$0.174821-8.12%
  • cardanoCardano(ADA)$0.64-5.98%
  • hyperliquidHyperliquid(HYPE)$34.52-2.72%
  • suiSui(SUI)$2.98-6.63%
  • chainlinkChainlink(LINK)$13.16-5.42%
  • stellarStellar(XLM)$0.260170-2.80%
  • avalanche-2Avalanche(AVAX)$19.21-5.22%
  • unus-sed-leoUNUS SED LEO(LEO)$8.77-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$384.20-4.90%
  • the-open-networkToncoin(TON)$3.08-3.70%
  • shiba-inuShiba Inu(SHIB)$0.000012-5.67%
  • hedera-hashgraphHedera(HBAR)$0.164087-2.72%
  • litecoinLitecoin(LTC)$84.14-4.85%
  • polkadotPolkadot(DOT)$3.90-3.64%
  • moneroMonero(XMR)$319.420.50%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • bitget-tokenBitget Token(BGB)$4.58-3.39%
  • piPi(PI)$0.62-4.52%
  • pepePepe(PEPE)$0.000011-9.96%
  • uniswapUniswap(UNI)$6.02-5.29%
  • aaveAave(AAVE)$246.31-7.13%
  • bittensorBittensor(TAO)$361.26-5.27%
  • okbOKB(OKB)$49.93-0.30%
  • crypto-com-chainCronos(CRO)$0.098118-2.32%
  • aptosAptos(APT)$4.58-5.01%
  • nearNEAR Protocol(NEAR)$2.30-6.39%
  • internet-computerInternet Computer(ICP)$4.94-6.82%
  • ethereum-classicEthereum Classic(ETC)$16.51-4.82%
  • ondo-financeOndo(ONDO)$0.79-4.72%
  • gatechain-tokenGateToken(GT)$18.64-2.75%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • kaspaKaspa(KAS)$0.082195-1.97%
  • mantleMantle(MNT)$0.64-4.49%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.203229-5.98%
  • vechainVeChain(VET)$0.022906-3.98%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.76-10.93%
  • render-tokenRender(RENDER)$3.64-4.16%
  • ethenaEthena(ENA)$0.291641-7.88%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.79%
  • worldcoin-wldWorldcoin(WLD)$1.05-7.39%
  • filecoinFilecoin(FIL)$2.41-6.84%