If the current situation continues and positive driving factors increase, Bitcoin reaching $$BTC to $100,000 may be part of its upward journey as a distinct digital financial asset. When we talk about Bitcoin, we are dealing with a rare currency with a maximum of 21 million units, which gives it increasing value over time, especially with each “halving” (an event that reduces the mining reward) that reduces the rate of issuance of new coins, thus increasing the scarcity of supply versus the increase in demand.
On the other hand, we notice that major financial institutions have become more open to adopting Bitcoin, whether as a hedge against inflation or as an investment asset within their financial portfolios. For example, some global banks and investment funds have begun to offer investment products linked to Bitcoin, which indicates a widespread recognition of the importance of this digital currency.
Global economic factors also play a major role, as with increasing inflation and the weakness of traditional currencies in some countries, Bitcoin is seen as a means of preserving value. This trend leads many to buy Bitcoin and save it as a safe asset. In addition, more legislation in some countries is helping to facilitate the use of Bitcoin as a recognized financial instrument.
All these factors, combined, increase the possibility of Bitcoin reaching levels like $100,000 or even more.