Analyst Peter Brandt has expressed a controversial view on Bitcoin’s historic rise to $100,000, stating that he does not find the number exciting or significant, describing it as just another number.
He added that the great acclaim that this achievement received was incomprehensible to him.
Brandt has maintained a positive stance towards Bitcoin compared to other cryptocurrencies, such as Ethereum and XRP, which he has criticized on several occasions.
Brandt also indicated, without providing further details, that he expects Bitcoin to not stop at this level, hinting in a recent tweet at possible further gains.
Brandt's tweet received widespread interaction in the cryptocurrency community.
Many followers pointed out the psychological significance of round numbers like $100,000, and others commented with celebratory phrases like:
This means you can now sell 1 BTC for $100,000!
On the performance front, Bitcoin is up 9.31% in the past 24 hours, crossing the $100,000 mark for the first time.
Experts such as investor Anthony Pompliano have called the rally a psychological turning point for the market, noting that it could attract more traditional investors, especially baby boomers, who might be reluctant to miss out on the opportunity to invest in the currency.
Former Binance CEO Changpeng Zhao (CZ) commented that he personally did not benefit much from the rally, hinting that he did not buy more Bitcoin when prices fell this year.
For his part, Samson Mu, CEO of Gan3, reiterated his expectation that Bitcoin could reach $1 million per coin.
Mo suggested that the Bitcoin community should bring back laser eyes to their social media profile pictures, as a symbol of optimism that the bullish trajectory will continue.
With the $100,000 mark being crossed, many in the market see this milestone as the beginning of a new phase of bullish momentum in Bitcoin’s history.