Analysts at 10X Research predict that Bitcoin (BTC) could reach $100,000 by January 2025, driven by increased institutional interest and favorable market signals. The prediction is supported by a model that has accurately signaled 86.66% of the time based on the past 15 predictions. Recently, Bitcoin reached a new six-month high, leading to an anticipated median return of 40% over the next three months, potentially pushing BTC over $101,000 by late January 2025. Further backing this bullish outlook is the phenomenon known as the 'Bitcoin black hole effect,' which indicates that Bitcoin's dominance may detract value from altcoins. Institutional players like BlackRock are also viewing Bitcoin as a long-term stable asset or 'digital gold,' contributing to a surge in investments, including $4.1 billion in Bitcoin ETF inflows in October. While 10X Research remains optimistic about Bitcoin, it holds a bearish outlook for Ether (ETH), citing lower yields unless significant innovations arise to change its stagnant performance.

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