Bitcoin Price Forecast: Will BTC reach the $100K mark soon?

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Bitcoin Price Forecast: Will BTC reach the $100K mark soon?
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Bitcoin (BTC) price extends bullish momentum and reaches a new all-time high of $97,852 on Thursday, currently trading above $97,400, just 2.66% from the $100K mark.

Bitcoin price today: $97,400 Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating. On-chain data shows the current BTC bull market resembles that of 2020. Bitcoin price extends bullish momentum and reaches a new all-time high of $97,852 on Thursday, currently trading above $97,400, just 2.

Trump aims to finalize his Cabinet picks by Thanksgiving, just a week away. These selections highlight an alignment between the new administration and the growing influence of digital assets in policy and finance.” Bitcoin bull market signals emerge as on-chain data mirrors 2020 trends Crypto analytics company CryptoQuant data shows that the current bull market is starting, with on-chain data resembling 2020.

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