According to the new report of the Chinese analytical company CryptoQuant, the price of Bitcoin has entered a period of positive quarterly performance. The company's data shows that in the fourth quarter of the previous halving years, the price of Bitcoin increased by 9%, 59% and 171% respectively. The cryptocurrency has predicted a price target of $85,000 to $100,000 for the end of the year. However, important factors such as demand must align for Bitcoin to reach new highs

Bitcoin's price may rise, but key factors will determine its trajectory.