ChainCatcher message, encrypted investor Alistair Milne posted on social platform X that $100,000 is the 'obvious target' for Bitcoin, predicting a 20-25% pullback may occur before reaching this milestone, at which point many will believe the bull market is over.
Milne also pointed out that investors who sold above $95,000 may mock those who hold on, but then the Bitcoin price could directly break through the $100,000 mark, triggering a 'generational FOMO' phenomenon.
Crypto KOL Cobie commented on this, saying: 'The journey from $80,000 to $100,000 is tough, while the journey from $100,000 to $250,000 is easy.'