The crypto rollercoaster continues! 🚀 Just days ago, the odds of Bitcoin smashing through $100,000 were a whopping 90% on Polymarket. Fast forward, and those odds have nosedived to 42%—but don’t count Bitcoin out just yet!
📉 The Current State of Bitcoin:
🔻 Bitcoin hit a record $99,645 before a slight pullback.
🔻 It’s now trading just above $96,000, a modest 3.6% away from reclaiming its all-time high.
🔻 Odds of Bitcoin hitting six figures by Nov. 29 are now just 25%, while year-end expectations stand at 79%.
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🌟 Why $100,000 Still Matters:
For many, $100K is more than just a price—it’s a symbol of crypto’s unstoppable growth and mainstream acceptance. Galaxy Digital CEO Mike Novogratz insists the milestone is "inevitable," even calling corrections a natural part of the journey.
🛡️ Key Takeaways from the Experts:
📌 Novogratz: Bitcoin won’t dip below $80,000 despite the correction.
📌 Former fund manager Aksel Kibar: $100K might be more about memes and celebrations than technical significance.
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💡 What This Means for Binance Traders:
🎯 Short-term uncertainty = Long-term opportunity! These market swings are prime for strategic entries and exits.
🚀 $100K is still within reach as Bitcoin rallies in the face of corrections—this could be your chance to position yourself for the next leg up!
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🔮 Final Thoughts: Bull Run or Speed Bump?
Bitcoin’s journey to $100,000 is a testament to its resilience. While the odds have shifted, the long-term narrative remains strong. Whether you’re hodling or trading, stay focused and make use of Binance’s tools to navigate these exciting times.
💬 What’s your take—will Bitcoin hit $100K before year-end? Let us know below!
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