# Bitcoin Price Forecast: Analyst Predicts $100K Surge in 30 Days Despite Bearish Trends By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/business/12107 Published: 2024-06-24T04:25:31.000Z Updated: 2024-06-24T04:25:31.000Z Section: Business > Bitcoin, recently dipping to $63,400, faces an 11% decline since June 7. Yet, analyst CrediBULL Crypto remains optimistic, forecasting a potential surge to $100K in 30 days. Bitcoin, recently dipping to $63,400, faces an 11% decline since June 7. Yet, analyst CrediBULL Crypto remains optimistic, forecasting a potential surge to $100K in 30 days. Bitcoin Analyst Maintains Bullish Outlook, Predicts Potential Surge to $100K Despite Recent Decline As [CryptoPotato]() reported, despite recent fluctuations, it's important to note that Bitcoin has weathered more challenging times. It dipped to a low of approximately $63,400 a few days ago, a level last seen approximately one month ago. Bitcoin's price has experienced a decline of about 11% since June 7, but the performance of altcoins has been even more striking, with a more significant downturn. This stark performance contrast vividly underscores the cryptocurrency market's unique and diverse dynamics. Despite the current market conditions, CrediBULL Crypto, a respected analyst with a substantial following, has maintained a bullish stance. On June 22, he took to his platform to articulate his positive outlook on the Bitcoin price, offering a comprehensive analysis of the factors underpinning his optimism, which is worth noting. “Our last impulse took us from $38K to $73K in 1.5 months. That’s a $35K move in about 50 days. The impulses that follow should be even more aggressive and we are trading at $64K. Our next impulse could propel us to $100K within 30 days, and we still have around 6 months left till EOY,” CrediBULL confidently projected. That said, the price of BTC must increase by a substantial 56.25% to reach $100K from its current level. However, CrediBULL is not the sole entity with a bullish inclination. Bernstein Research Revises Bitcoin Price Forecast to $200K by 2025, Potential $1M by 2033 Analysts from the renowned analytics firm Bernstein Research have [revised]() the long-term price forecast for BTC to $200K by the end of 2025. Nevertheless, it is essential to mention that the organization had previously anticipated that Bitcoin would surpass $150,000 during the same time frame. The analysts also indicated that spot Bitcoin exchange-traded funds could account for approximately 7% of the total circulating supply in 2025. They stated that this would likely be the cycle's peak; however, BTC may reach as high as $1 million by 2033. By then, the ETFs may have captured 15% of the cryptocurrency's circulating supply. Photo: [Microsoft Bing]() [TokenPost]() | info@tokenpost.com ## Links in this article - [CryptoPotato](https://cryptopotato.com/bitcoin-price-prediction-analyst-defies-bearish-bias-says-next-impulse-could-target-100k/?fbclid=IwZXh0bgNhZW0CMTAAAR2SAoUIgVomCXPrzaHjaluMqp32FQ4Dtn7WEu8Nckd9Z0HAiaypnhqE1EY_aem_vYJSOyWsc5D_C793gJj3GQ) - [revised](https://cryptopotato.com/bernstein-turns-ultra-bullish-on-bitcoin-ups-target-to-200k-by-2025-end/) - [Microsoft Bing](https://www.bing.com/images/create/bitcoin-price-forecast3a-analyst-predicts-24100k-sur/1-667817e2a1eb4d539ad900d8cffd7bbf?id=L3WO3HvUu2M10u5oIg0X9Q%3d%3d&view=detailv2&idpp=genimg&thId=OIG2.J8jKPvQPCsA7qBjcopqx&FORM=GCRIDP&mode=overlay) - [TokenPost](https://www.tokenpost.com)