How Soon Could Bitcoin Price Hit $100K?

The recent optimism in crypto markets has resulted in speculation on how soon Bitcoin price could hit $100K.
By Akash Girimath
Updated September 13, 2024
Bitcoin Price Set to Break $100K As US Dollar Weakens Ahead of NFP

Highlights

  • Bitcoin's price is expected to hit $100K or higher in 392 days, around October 6, 2025, based on the Mars-Vesta Cycle analysis.
  • Popular analysts predict Bitcoin's price to reach $100K to $150K between late 2024 and 2026.
  • Key factors like the Trump vs. Harris debate, US Federal Reserve's rate cut decision, and Bitcoin's four-year cycle could contribute to Bitcoin's growth to $100K.

The intraday outlook for Bitcoin price is leaning bullish, but traders are uncertain about the long-term bias. Historical data shows that BTC’s cycle, which usually lasts four years, is still in play. Assuming this uptrend continues, a popular question plagues the crypto markets: How soon could Bitcoin price hit $100K?

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How Soon Can Bitcoin Price Hit $100K?

Based on the Mars-Vesta Cycle analysis, Bitcoin price could hit $100K in 392 days, i.e., October 6, 2025. However, based on popular analyst forecasts, the $100K to $150K target for BTC could occur between late 2024 and 2026.

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Popular Analysts Forecast When Bitcoin Could Hit $100K

Peter Brandt, a veteran trader with over 40 years of experience in the trading sector, recently posted his take on Bitcoin’s bull run. According to his September 10, X post (formerly Twitter), Brandt showcased his bull target of $150K, not $100K, to be achieved by August 2025.

Apart from Peter Brandt’s $150K outlook, other Bitcoin price prediction from popular crypto investors expect a similar end-game for BTC. Here are a few popular BTC forecasts.

  1. Matrixport’s Markus Thielen forecasts BTC price could hit $125K by the end of 2024.
  2. Bloomberg Intelligence’s Mike McGlone expects Bitcoin to hit $100K by 2026. 
  3. Bernstein’s Gautam Chhugani predicts $100K per BTC by 2025.

As of September 10, Bitcoin price trades at $57,360, and based on the above target of $100K, it would need to climb another 75%.

While the above Bitcoin forecasts do not provide an exact date, the Mars-Vesta Theory predicts an accurate date for when BTC will form a local top, be it $100K, $150K, or $200K.

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Mars-Vesta Cycle Forecasts BTC Price to Hit $100K By October 2025 

The Mars-Vesta Cycle theory notes that astrology influences financial market cycles that occur every 3.84 to 3.90 years. This hypothesis has a huge impact on Bitcoin cycles and is closely similar to BTC’s four-year cycle.

  1. Assuming a 3.9-year Mars-Vesta cycle for BTC shows an impeccable accuracy that predicts cycle tops and bottoms. 
  2. 3.9 years is 1,423 days, and the chart below shows the importance of the 3.9-year cycle, which points to the Bitcoin cycle tops or all-time highs and bottoms.

Based on this analysis, the ongoing cycle could form an all-time high on October 6, 2025. The bottom for the next cycle will occur on November 2, 2026. 

BTC/USD 1-week chart
BTC/USD 1-week chart

5 Reasons Why Will Bitcoin Hit $100K?

  1. The Trump vs. Harris debate will be a key short-term factor that influences Bitcoin price and crypto market volatility. 
  2. The US Federal Reserve’s rate cut decision on September 18 will be a major event. Investors and analysts are bullish and expect a slashing of the interest rates by 25 basis points, which could promote borrowing and a rally for risk-on assets like Bitcoin.
  3. Bitcoin’s four-year cycle suggests that BTC is unlikely to crash here and has a long way to go before it plummets. 
  4. The Mars-Vesta cycle, similar to the four-year cycle, also notes that the BTC price is far from forming an all-time high.
  5. With the approval of spot Bitcoin ETF, institutional investors are jumping on the digital gold narrative, which could fuel the next part of the bull rally.

These catalysts are important in shaping Bitcoin price and propelling it to $100K in the next few weeks.

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Frequently Asked Questions (FAQs)

1. What is the predicted timeline for Bitcoin to hit $100K?

Based on the Mars-Vesta Cycle analysis, Bitcoin is expected to hit $100K in 392 days, around October 6, 2025.

2. What do popular analysts forecast for Bitcoin's price?

Analysts like Peter Brandt, Markus Thielen, Mike McGlone, and Gautam Chhugani predict Bitcoin's price to reach $100K to $150K between late 2024 and 2026.

3. What factors could contribute to Bitcoin's growth to $100K?

The Trump vs. Harris debate, US Federal Reserve's rate cut decision, Bitcoin's four-year cycle, and the approval of spot Bitcoin ETF could propel Bitcoin's price to $100K.
Akash Girimath
Senior Cryptocurrency Analyst & Market Strategist Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts. A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise. Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.
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