Will Bitcoin reach $100,000 this year?

Bitcoin is at a critical level, and the market is slowly regaining confidence after weeks of fear and uncertainty. With some top investors' bullish expectations, market sentiment is gradually turning optimistic.

One of the important voices is Kaleo, a well-respected investor and trader. He recently shared a technical analysis on the social platform X, comparing the current Bitcoin trend with the trend in January this year. January was a key moment when the Bitcoin spot ETF was approved, when the price saw a sharp increase.

Kaleo boldly predicted that Bitcoin will reach $100,000 in December, a goal that has been an important expectation of crypto investors since the last bull run. Although the market has experienced a series of corrections and continued recovery since March, Bitcoin hitting $100,000 before the end of the year is not out of reach.

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