Bitcoin reached new record high of $93,495 on Wednesday
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Bullish options bets are concentrated on Bitcoin reaching $100,000, according to Deribit statistics. Inflows into U.S. Bitcoin exchange-traded funds exceeded $1 billion at the start of the week. While calling the possibility of a U.S. Bitcoin strategic reserve low, Galaxy Digital CEO Michael Novogratz stated that if it is implemented, the price of Bitcoin might skyrocket to $500,000.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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