Bloomberg: Many analysts expect BTC to break through $100,000 in the short term, and the market is in the price discovery stage
Bloomberg published an analysis, which may be affected by Paul Atkins' possible becoming the new chairman of the US SEC. Bitcoin climbed 6% on Wednesday, reaching $97,361 at one point. Ethereum rose more than 10% during the day, and analysts expect BTC to break through $100,000 in the short term: 1. Wintermute OTC trader Jake Ostrovskis said: "The market is in the price discovery stage. The decline in the past few days looks like a healthy correction, which may be driven by profit-taking. Traders believe that the $100,000 level is likely to be broken." 2. B2C2 director Nikolay Karpenko pointed out that the decline in Bitcoin earlier this week was tactical, and Bitcoin is likely to break through $100,000 soon.
