Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Is $100,000 Bitcoin inevitable? This expert says yes. Find out when.
TRADING NEWS

Is $100,000 Bitcoin inevitable? This expert says yes. Find out when.

By Crypto FlexsJune 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Is 0,000 Bitcoin inevitable?  This expert says yes.  Find out when.
Share
Facebook Twitter LinkedIn Pinterest Email

As Bitcoin approaches previous highs debate Rekindled for the next big price target. Among the voices contributing to this conversation is Samson Mow, CEO of Jan3 and prominent Bitcoin advocate.

Recently on X (formerly Twitter), Mow expressed his belief that Bitcoin will skyrocket to $100,000. It’s a milestone he considers a stepping stone toward his final valuation of $1 million. His forecast is based on events triggered by a break above the all-time high of $73,750 in March.

Related Reading

Crucial factors driving Bitcoin price towards $100,000 target

Mow explains the cause and effect scenarios that could take Bitcoin to new heights.

First, surpassing the previous all-time high would mark the beginning of a “recurring Bitcoin demand shock” as increased demand and limited supply would cause the price to rise sharply. According to Mow, this chain reaction could quickly send Bitcoin rising to the $100,000 level.

Once you surpass the previous level #Bitcoin ATH, a recurring demand shock began and rose to $0.1M.

— Samson Mou (@Excellion) June 5, 2024

His confidence is reflected in recent market trends. Despite a slight decline from its 24-hour high of $71,312, Bitcoin maintained its upward trajectory, up 1.7% over the past 24 hours and nearly 5% over the past week.

Is 0,000 Bitcoin inevitable?  This expert says yes.  Find out when.
BTC price is moving sideways on the 4-hour chart. Source: TradingView.com BTC/USDT

Supporting Mow’s bullish outlook, Chris Vermeulen, Chief Market Strategist at The Technical Traders.com, shares a technical perspective consistent with Mow’s predictions.

In a detailed analysis, Vermeulen pointed out a cup and handle formation on the chart, a bullish signal that suggests significant potential for an upward breakout. Using Fibonacci extensions, he predicts that Bitcoin could soon reach its target of $80,000 to $90,000 and rise as high as $106,000.

Market dynamics and long-term outlook

Both experts see the current market dynamics as a prelude to more tangible gains. Vermeulen’s analysis not only supports Mow’s prediction, but also extends it by suggesting that Bitcoin could face resistance near $100,000, a psychological barrier that could trigger a significant market reaction.

Beyond this point, a consolidation phase may occur, but the long-term trajectory remains overwhelmingly positive. The broader financial context also plays a role in these predictions.

Related Reading

As concerns grow about the stability of traditional assets like the dollar and stock markets, investors are increasingly turning to alternatives like BTC and gold. This shift signals a deeper financial narrative in which Bitcoin is viewed not just as a speculative asset, but as a viable hedge against economic uncertainty.

Featured image created with DALL-E, chart from TradingView

Source: NewsBTC.com

Cryptocurrency Investment Risk Warning

Cryptocurrency assets are highly volatile. Your capital is at risk.
Do not invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.

Read full disclaimer

like this:

good night Loading…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025
Most Popular

Qualcomm CEO: Generative AI will redefine the smartphone industry in 2024

January 10, 2024

Bitcoin analysts say BTC Price can record $ 3.3 million in 2025.

May 28, 2025

BlackRock’s IBIT Spot Bitcoin ​ETF Hits Record Daily Inflows of $788 Million

March 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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