• Bitcoin finally breaks through the $100,000 price target making history today.
  • The new ATH is set at $103,900.47, Bitcoin’s first-ever 6-digit ATH.
  • Analyst expects $128,000 BTC price by the end of this year.

Bitcoin breached the $100,000 barrier setting a new ATH at $103.900.47 setting a historic milestone for the pioneer crypto asset. Bitcoin’s previous ATH was set at $99,655.50 last week and analysts were sure that this ATH would be surpassed by BTC very soon to set its first-ever 6-digit ATH. 

Bitcoin Sets First 6-Digit ATH at $103,900.47

This outcome was highly expected by seasoned analysts across the crypto market. One silver-tongued crypto analyst, known for his accurate predictions, predicted that when Bitcoin does set its ATH, it would not be at $100,000, but rather that it would surpass it and set the ATH above as far as $106,000. 

#BTC : Next target $103,000 – $105,000 pic.twitter.com/r1ocRN76Jf

— Doctor Profit 🇨🇭 (@DrProfitCrypto) December 4, 2024

However, earlier today, Doctor Profit released a new prediction for the price of Bitcoin (BTC). As we can see from the post above, Doctor Profit predicted that the next ATH target for Bitcoin would not be $100,000 or $106,000 but rather a new ATH between the $103,000 and $105,000 price range. 

True to his silver-tongued nature, this is exactly the outcome that played out where according to CoinMarketCap analytics, the latest ATH for Bitcoin (BTC) was set at $103,900.47. Presently, the price of BTC has dipped slightly to $102,695 with a total market cap of $2,033,246,106,971.40 and a 24-hour trading volume of $106,353,538,265.08. 

Analyst Expects $128,000 BTC Price by the End of the Year

#Bitcoin $128,000 by Year-End? 🚀

A Bull Pennant is forming on the daily chart, gearing up for a breakout. If it plays out, #BTC could soar past $120K.

Few see it coming. Are you ready? pic.twitter.com/8qxQF0y2lt

— Titan of Crypto (@Washigorira) December 4, 2024

With higher expectations for BTC price as the crypto bull cycle continues, analysts are all making continued predictions for how much higher Bitcoin price will go . As we can see from the post above, this analyst predicts that Bitcoin will hit $128,000 by the end of the year. He notices a bull pennant forming on the daily chart and expects a big breakout for BTC price .

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