Crypto analyst Kaleo predicts that Bitcoin (BTC) will reach $100,000 for the first time in late 2024 or early 2025. He believes that the earlier it happens, the more exciting it will be in 2025. This prediction aligns with Bitcoin’s next halving event, which is expected in April 2024. Kaleo is also monitoring Bitcoin’s price performance against the Nasdaq 100 index (NDX). He notes that Bitcoin has historically experienced significant rallies against tech stocks when it breaks above bearish downtrends, which is currently happening. As of now, Bitcoin is trading at $30,676, showing a 1.3% increase in the last 24 hours.
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