With Bitcoin's price reaching new all-time highs in recent months, there's growing speculation about whether it will break the $100k mark. As we approach new market cycles and with various factors influencing its value, it's an exciting time for both long-term investors and traders. What are your thoughts on Bitcoin's potential to hit $100k?
Bitcoin gets $99k, will it hit to a potential $100k? I don't know the obvious answer.
Do you think Bitcoin has the momentum to hit $100,000?
100% = $100k
Will institutional adoption and mainstream awareness drive the price?
There is no joke in them, they have indeed done a lot to drive the price too much. With Saylor keep on buying through his company MSTR and then the other news about these financial institutions acquiring more Bitcoin and the ETFs making it a real thing into BTC, there are a lot of drivers for this cycle.
will market corrections hold it back?
Everything can happen with the nature of volatility!