Bitcoin is making waves as it hits multi-day highs, nearing the $100,000 mark. After bouncing back from $90,800, traders are eyeing a six-figure price tag. Analyst Byzantine General notes that lower open interest on exchanges supports a bullish outlook, suggesting a potential breakthrough past $100K. Fellow traders like Jelle and Daan Crypto Trades echo this optimism, seeing Bitcoin's current momentum as reminiscent of its October 2023 breakout. Meanwhile, some experts predict Bitcoin could follow gold's strong performance, hinting at a possible rise to $200K in the coming months.
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