Bitcoin traders are expecting the price to reach $100,000, but there may be a period of consolidation first, according to some analysts. Bitcoin is benefiting from President-elect Trump’s

victory and the Federal Reserve’s anticipated interest rate cut. However, there are concerns about a short-term pullback due to Trump’s proposed tariffs on China and rising national debt.

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<p>The post Bitcoins Next Price Target: 100K – Analysts Predict Consolidation first appeared on CoinBuzzFeed.</p>