Bitcoin's price has been on a tear lately, hitting new all-time highs and sparking predictions of further growth. Some experts think it could reach $100,000 by the end of 2024. In fact, prediction markets like Poly Market are already pricing in high odds of this happening. $BTC

Key Factors Driving the Rally:

Increased Institutional Demand: Asset managers like Bernstein are urging investors to consider adding Bitcoin exposure to their portfolios.

Growing Confidence: Long-term holders are holding onto their Bitcoin, unwilling to sell below $100,000.

Technical Indicators: Some analysts see Bitcoin's current rally as still falling short of its historic post-halving growth. However, not everyone is optimistic. Some top angel investors think Bitcoin might still crash to zero.

Potential Price Targets:

$100,000: predicted by some experts and priced in by prediction markets.

It's essential to remember that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. As with any investment, it's crucial to do your own research and consider multiple perspectives before making a decision. #WillBTCBreak100KSoon #BTCBreaks89k #bitcoin #Write2Earn!