Analyst: Bitcoin Surpasses Gold, Targeting $100,000
2026-09-29 19:38:09
According to CoinMeta, Bitcoin ( BTC ) is currently priced at $84,117.13 and is surpassing gold, showing a strong upward trend. Markets expect its price to have the potential to reach $100,000. On Monday, the price of gold fell by nearly 4%, while Bitcoin only dropped by 1% on the same day, demonstrating its resilience. Bitcoin has risen by more than 40% this quarter, far outperforming major assets such as gold and the S&P 500 index. According to the analysis of Fidelity Investments, the global macro director Jurrien Timmer, Bitcoin's breakthrough above the $80,000 price level confirms a “double bottom breakout” technical pattern, suggesting that a possible bull market is on the horizon.
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Source:CoinDesk
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