As an analyst with over two decades of experience in the financial markets, I’ve seen my fair share of bull runs and bear markets. This latest surge in Bitcoin price to an all-time high of $93,800 is reminiscent of the dotcom bubble days, yet there’s a sense of stability that was missing back then. The increased odds of Bitcoin hitting 100K this year as suggested by Polymarket, while exciting, should be taken with a grain of salt.
Today, I found myself on the brink of an exciting milestone as Bitcoin soared towards an unprecedented high of $93,800. While it fell just short of touching the elusive $94,000 mark, this new all-time high served as a testament to the growing momentum and potential of the digital currency market.
As a result, the odds of Bitcoin hitting 100K this year have increased according to Polymarket.
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2024-11-20 13:59