#BitcoinHashRateSurge
Bitcoin hitting $100,000 again is definitely possible, considering its current momentum. As of today, January 6, 2025, Bitcoin's price is already at $99,560.01, with a 1.69% increase in the last 24 hours ¹.
Several experts and analysts predict that Bitcoin will reach or even surpass the $100,000 mark in the near future. Ryan Lee of Bitget Research believes that Bitcoin's November momentum could propel it past $100,000, citing historical patterns and post-halving cycle trends ².
Additionally, the recent surge in Bitcoin's price can be attributed to various factors, including Trump's presidential victory, BlackRock's institutional involvement, and the launch of Bitcoin Spot ETFs ³ ².
While some analysts warn of potential volatility and short-term corrections, the overall sentiment remains bullish. Many predict that Bitcoin will continue to grow, driven by institutional demand, favorable regulations, and the limited supply of Bitcoin post-halving ³ ².
So, to answer your question, yes, Bitcoin can definitely hit $100,000 again, and it might happen sooner rather than later.