$100K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs
Bitcoin analysts and traders are optimistic that BTC’s price will hit the coveted $100,000 mark despite a “lukewarm” social media response to the latest ATHs.
Bitcoin (BTC) continues its march toward the coveted $100,000 mark after setting another all-time high above $94,000 on Nov. 19.
Even though this move to new record highs did not spark “euphoria,” analysts say it is necessary for pushing BTC’s price higher.
BTC/USD daily chart. Source: TradingView
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Author: Nancy Lubale
