Bitcoin is edging closer to the milestone of 100,000 USD, hitting 99,800 USD on November 22, raising hopes for an upcoming breakout. However, the subsequent correction has raised concerns.
- Bitcoin is being viewed as a hedge against global economic risks and a reliable store of value.
- According to analysis from IntoTheBlock, Bitcoin's volatility has gradually decreased, even lower than that of Nvidia and AMD stocks, indicating that the market is maturing.
- Forecasts suggest that Bitcoin has a 76.8% chance of reaching 100,000 USD by January 2025. 📈
- The current stagnation may be due to a decline in ETF capital flows, but the overall momentum remains strong.