CoinVoice latest report indicates that Bloomberg published an analysis suggesting that Bitcoin rose 6% on Wednesday, reaching $97,361 at one point, possibly influenced by Paul Atkins potentially becoming the new SEC chairman. Ethereum surged over 10% during the day, and analysts expect BTC to break $100,000 in the short term:
1. Jake Ostrovskis, an over-the-counter trader at Wintermute, stated: "The market is in a price discovery phase, and the decline over the past few days seems to be a healthy correction, possibly driven by profit-taking, with traders believing that the $100,000 level is likely to be broken."
2. Nikolay Karpenko, director of B2C2, pointed out that the earlier decline in Bitcoin this week was tactical, and Bitcoin is likely to soon break $100,000. [Original link]
