- Bitcoin hits $103,000 bull target as predicted by many seasoned analysts.
- These analysts now expect to see new BTC ATHs soon.
- Bitcoin could pump to hit several bull targets over the next few months.
Pioneer cryptocurrency Bitcoin hits $103,000 bull target as predicted by several bullish crypto analysts. To highlight, one silver-tongued analyst known for his several accurate crypto market predictions called for BTC to retake the $100,000 price target. Meanwhile, another reputed analyst called for BTC to pump between $100,000 to $103,000, and these predictions have now come true.
Bitcoin Hits $103,000 Bull Target as Predicted
Since Bitcoin set its present ATH record at the $109,000 price mark in January 2025, analysts have been eager to see BTC price pump much higher. However, soon after this ATH price was set, the price of BTC fell immediately into a prolonged correction state that went on for all of Q1 of 2025 and even the start of Q2. In April 2025, the crypto market finally saw bottoms coming in, which led to a market reversal.
Therefore, the first month of Q2 saw a steady recovery in crypto prices led by Bitcoin (BTC). Where the price of BTC fell from 6-digit prices to the $75,000 price level in Q1, the month of April saw the price of BTC pump from $75,000 to $96,000. Finally, as the month of May began, the price of BTC finally reclaimed $99,000 and broke above it to take 6-digit prices once again. Soon after reclaiming $100,000, BTC price pumped to $103,000, just as some analysts predicted.
According to CoinMarketCap analytics, the price of Bitcoin (BTC) now stands at $103,820, showing that the asset is up by over 4%. In addition, the total market cap of Bitcoin lies at $2,060,979,808,984 also up over 4%, while the 24-hour trading volume lies at $70,327,511,637.93 and is up by over 30%. According to this data, Bitcoin is just over 5% away from its previous ATH set 4 months ago at $109,114.88.
Analysts Thrilled to Welcome New BTC ATHs Soon
So far, analysts have made quite a few bullish predictions for the price of Bitcoin to hit after reclaiming 6-digit prices. Some believe that a year from now, Bitcoin will stabilize at 6-digit prices and will never fall below $100,000 again. This matches up with predictions from economic and financial experts like Robert Kiyosaki and Michael Saylor expecting BTC prices to hit $500,000 and $1,000,000, respectively.
Lastly, analysts are eager to welcome a steady rise in Bitcoin prices over the coming months. These targets begin with plausible predictions of bull targets starting from $116,000 to $125,000 and $250,000 to $350,000. Only time will tell just how Bitcoin will go this bull cycle, as analysts remain more bullish than ever.
