- Bitcoin sets its latest ATH at $97,862.64.
- This new ATH marks the fifth in the last 20 days.
- Bitcoin searches on Google skyrocketed amidst the asset's bullish action.
The pioneer crypto asset Bitcoin (BTC) set a new ATH at $97,862.64 just short of $98,000 bringing it closer to the ultimate 6-digit, $100,000 target set by many analysts this Q4. According to many analysts, Bitcoin's (BTC) price will likely hit $105,000 in the coming days and could even hit a top of $150,000 by the end of Q4.
Bitcoin Nears 6-Digit Target $100,000
Based on CoinMarketCap analytics, the price of Bitcoin (BTC) presently stands at $97,280, hovering close to its newly set ATH. Analysts believe the next targets for Bitcoin is between the $68,000 and $100,000 price range, although, it could go up to $105,000 soon after these barriers are broken past.
With this latest surge in the price of Bitcoin (BTC), the Crypto Fear & Greed Index indicates an ‘Extreme Greed’ sentiment with a score of 82. This also shines a light on the fact that we are in the thick of Bitcoin season and still have quite a few weeks to go through before altseason arrives.
Google Surges for Bitcoin Explode
In light of the sudden pumps in Bitcoin price in under a month where BTC price went from $73,000 to $97,000, the crypto industry is steadily drawing more interest from the greater masses. As we can see from the post above, Google searches for Bitcoin have increased by a significant number as Bitcoin continues to beat its previous ATHs.
Ultimately, this is a bullish sign for the crypto market. With more interest, more investors and traders will enter the market as will funds to meet the demand. Furthermore, many analysts expect a supply shock for Bitcoin where funds will eventually flow into the altcoin market and result in a price boom for altcoins as well.
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