Bitcoin surged past the $100,000** milestone overnight, reaching a current price of **$102,545—a 6.5% increase in the past 24 hours. This outperformed the broader cryptocurrency market, which saw modest gains of 2% on average.
With an 8% weekly and 49% monthly rise, Bitcoin’s momentum suggests further growth by year-end. Analysts now predict a potential $150,000 price target, fueled by recent bullish trends.
Key Highlights
- All-Time High: BTC peaked at $103,679 early today.
Technical Indicators:
- Relative Strength Index (RSI) holds steady at 70 (post-80 spike).
- Golden cross between 30-period and 200-period moving averages signals a breakout.
- Trading Volume: $164 billion reflects soaring demand.
- Exchange Net Balance: BTC reserves hit record lows, indicating accumulation by whales.
Analyst Predictions
- PlanB: Projects $150,000 by month-end.
- Ari Paul (BlockTower): Suggests a long-term target of $500,000.
- 2025 Outlook: Potential $200,000+ if institutional adoption (e.g., strategic BTC reserves) accelerates.
Diversification: High-Potential Altcoins
While Bitcoin dominates, low-cap altcoins and presale tokens offer diversification opportunities.
- Presale Raise: $2.3M+
- Utility: Discounts, staking rewards, voting rights, and airdrop access via the Best Wallet app.
- Max Supply: 10 billion tokens.
- Current Price: $0.02295** (100-stage presale; final price: **$0.02497500).
FAQs
1. What drove Bitcoin’s price to $100K?
- Institutional demand, technical breakouts, and macroeconomic factors (e.g., inflation hedging).
2. Is $150K realistic for 2024?
Yes, if current momentum persists and adoption milestones (e.g., ETF inflows) are met.
3. How does BEST differ from other presale tokens?
Its app-integrated utility (fee discounts, governance) fuels sustainable demand post-listing.
👉 Explore Bitcoin’s 2025 Potential
Disclaimer: This content is for informational purposes only. Always conduct independent research before investing.
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- Bitcoin
- $100K milestone
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- altcoins
- presale tokens