**Bitcoin: Ready to Hit $100K! 🚀**
- Since Donald Trump’s victory three weeks ago, the crypto market has been having a New Year’s Eve party! Bitcoin has soared from under $70,000 to nearly $100,000.
- Last Friday, Bitcoin nearly hit $99,800. Unfortunately, the bears came and stopped the party before it could reach six digits.
- But don’t worry, Bitcoin bounced back and is now sitting pretty above $98,000. Will $100K fall today? Let’s wait and see!
- Data from IntoTheBlock shows that there are 60,000 addresses that bought 22.74K BTC at a higher price than it is now. They are probably waiting for the price to recover before selling.
- However, there are 458,000 addresses that have accumulated 344,000 BTC at prices between $96,717 and $98,293. This is a strong foundation for Bitcoin to push past $100K.
- This week there may be a little shake-up due to economic factors in the US, but don't worry, Thursday is a national holiday there.
What do you think? Will Bitcoin break $100K? Discuss in the comments column!