- Bitcoin shows strong promise of reclaiming 6-digit prices.
- BTC price inches closer to the $96,000 price target.
- Analysts expect BTC to reclaim $100,000 and pumping to hit much higher prices soon.
The pioneer cryptocurrency Bitcoin (BTC) is working towards another major price breakout, are we going to see 6-digit prices soon? Presently, analysts have noticed that Bitcoin is breaking out of the present price range in the higher $90,000 price range and is looking exceptionally strong. Specifically, Bitcoin shows strong promise of reclaiming 6-digit prices as it nears the $99,000 target.
Bitcoin Shows Strong Promise of Reclaiming 6-Digit Prices
The price of Bitcoin (BTC) had an exciting year so far. It began by setting its current $109,000 ATH in January after which it went into a prolonged correction phase triggered further by Trump’s tariff war. After closing Q1 in a bearish red, it immediately pumped to reclaim higher prices in April until it broke past the major resistance barrier set at the $95,000 price target.
Since Bitcoin (BTC) reclaimed higher $90,000 range prices, analysts now expect Bitcoin price to pump to much higher ATH targets upon first reclaiming 6-digit prices and then the current ATH price of $109,000. One reputed crypto analyst known for his many accurate crypto market and financial market predictions so far, Doctor Profit, shares his excitement for these 6-digit prices that Bitcoin is heading towards.
As we can see from the post above, the silver-tongued analyst throws back to when BTC pierce fell as far as $75,000 in Q1 of 2025. During this time, these analysts predicted exactly when BTC price started to collapse and called the bottom at the $70,000 price range. Soon after his buy signal, the price of BTC soared to reclaim $80,000 prices, and eventually $90,000 prices as well.
To highlight, what Doctor Profit expects now is a bullish pump towards the $100,000 price mark. He states that since BTC reclaimed $77,000 and turned bullish, $100,000 was his expected target and based on Bitcoin current price of $96,000, he says that BTC is not far from hitting 6-digit prices, in fact, it is only a 3.5% pump away from hitting his first bullish target since its prolonged correction phase.
Furthermore, Doctor Profit says that the crypto bull market is far from over. Just like many other seasoned analysts, he expects much higher ATH targets between $150,000 to $250,000 and perhaps even $350,000 by the end of this bull cycle. However, for now, analysts are just eagerly awaiting BTC to hit $99,000. Once this daily close target is met then BTC should be ready to hit 6-digit targets.
