Bitcoin adjusts to $96,000, aiming for $100,000 in the near future

Bitcoin has undergone an adjustment to the level of 96,000 USD, with analysts predicting that the price will continue to target 100,000 USD in the near future. According to data, the price of Bitcoin has experienced significant fluctuations, reaching a peak close to 99,000 USD but then adjusting to 96,500 USD due to increasing profit-taking pressure from investors.

The outlook for Bitcoin reaching 100,000 USD is supported by optimistic sentiment in the market. There is about a 45% chance that Bitcoin could surpass this mark by the end of 2024, thanks to strong demand from the options market. Experts also emphasize that, with short-term profit-taking pressure, the price may continue to fluctuate around the 90,000 - 96,000 USD range before making a larger move towards the 100,000 USD milestone.

The growth of Bitcoin is not only backed by its scarcity but also by macro factors such as the U.S. government's friendly policy towards cryptocurrency. However, investors need to be cautious of potential corrections that may occur as the price approaches important psychological thresholds.