According to the CoinWorld news, Alex Thorn, head of research at Galaxy, said that the cryptocurrency market’s pullback on Thursday was “expected.” He said: “A certain degree of consolidation below the new all-time high of $93,000 is a healthy performance of the market, which can clear the recent leverage and create a more stable foundation for the next upward move. Therefore, it is very likely to reach $100,000 by the end of 2024-or we may even see this milestone in a few weeks.”