21Shares Analyst: Conditions for Bitcoin to Reach $100,000 in the Fourth Quarter Have Been Met!
Matt Mena, an analyst at digital asset investment company 21Shares, said that the conditions are beginning to form for Bitcoin to rise towards the $100,000 level in the fourth quarter of 2026. Mena stated that while price fluctuations may continue in the short term, Bitcoin’s potential for a renewed rise is strengthening.
According to the analyst, Bitcoin could retest the $75,000 level in the near term. Despite the possibility of such a pullback, Mena stated that the likelihood of BTC regaining the $80,000 level has increased. He predicted that Bitcoin could rise to $82,000 by the end of the month if current market conditions remain supportive.
Mena’s assessment indicates that the Bitcoin market simultaneously presents a short-term correction risk and a medium-term bullish outlook. The $75,000 level stands out as a potential support point, while a resurgence above $80,000 could be considered a significant technical development for the market.
The analyst’s target of $100,000 for the fourth quarter requires Bitcoin to experience a significant rise from its current levels. Therefore, investors are expected to closely monitor the price’s potential movements around $75,000 and its sustained position above $80,000 in the coming period.
It is estimated that if Bitcoin reaches $82,000 by the end of the month, the market outlook could strengthen further before the fourth quarter. However, due to the high volatility of the cryptocurrency market, short-term price movements may differ from analyst predictions.
According to 21Shares analyst Matt Mena, the current outlook suggests an increasingly favorable environment for Bitcoin to initiate a new uptrend towards $100,000 in the fourth quarter.
*This is not investment advice.