Bitcoin is on a rollercoaster as it eyes the elusive $100,000 mark. After hitting an all-time high of nearly $99,800, it's now down over 7%. Analysts predict a potential 30% correction, possibly dipping below $70,000, before bouncing back. Despite this, the consensus is that Bitcoin reaching $100,000 is inevitable, driven by growing trust in decentralized finance and increased institutional interest.

Meanwhile, U.S. Bitcoin ETFs have seen over $122 million in outflows, contributing to the price dip. However, renewed ETF buying and strategic investments are expected to propel Bitcoin to new highs, possibly by 2025.