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CryptoIntelligence 2024-10-30 19:24:00

Bitcoin Predicted to Hit $100,000 By January 2025

Crypto research firm 10x Research has forecasted a potential surge in Bitcoin’s market price to $100,000 by January 2025, driven by current market trends and major global events. 10x Research’s price target relies on its predictive model, which has recently issued two buy signals, the latest on Oct. 14. The firm noted an impressive 86.7% accuracy rate in its model’s last 15 signals. Explaining their optimism, the researchers stated: “When Bitcoin sets a new six-month high for the first time in 6 months like it did recently, we typically see a median return of 40% over the next 3 months.”

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