TechFlow news, October 30 — According to Cointelegraph, cryptocurrency research firm 10X Research predicts that current market trends and upcoming global events could push Bitcoin's market price to $100,000 by January 2025.
10X Research stated that this target price is based on its model, which has demonstrated strong performance with an accuracy rate of 86.66% across the latest 15 signals.
"When Bitcoin, as recently observed, reaches a new six-month high for the first time within a six-month period, we typically see average returns of around 40% over the following three months," researchers said. "Based on this calculation, by January 27, 2025, BTC's price would rise 40% from its current level of $73,000 to above $101,000."
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