Bitcoin has hit a major milestone, reaching six figures for the first time on December 5, driven by strong inflows into U.S. Bitcoin ETFs. Bloomberg's Eric Balchunas noted that Bitcoin ETFs are nearly matching gold funds in assets under management, a remarkable feat within just 11 months. Analysts are optimistic about Bitcoin's future, with some predicting it could soar to $500,000 by 2025, fueled by institutional adoption. This bullish trend is expected to boost the entire crypto market, with several altcoins showing promising chart patterns. However, investors should remain cautious and conduct thorough research.