The price of Bitcoin has surpassed 100K, evoking memories of similar price milestones in history. In 2017, when BTC first broke through 20,000 USD, the market also experienced extreme excitement and panic. Subsequently, the price underwent a significant correction and did not enter an upward phase again until 2020. Similar situations occurred in 2013 and 2017, but each time after breaking new highs, Bitcoin experienced a certain degree of volatility or correction. Currently, with the price close to or exceeding historical highs, market sentiment may become even more extreme, facing potential correction pressure in the short term, but still having upward potential in the long term, especially with increasing institutional recognition.
