💦💦Is the Rally in Bitcoin Permanent in the Last Hours? Analysts Evaluate the Latest Situation 💦💦
Bitcoin exceeded the $ 100,000 level for the first time by 2025, reaching $ 102,000, but a slight pullback occurred shortly thereafter.
This surge follows a wave of optimism that increased traders' sentiment following President-elect Donald Trump's historic strategic Bitcoin reserve proposal for the cryptocurrency market.
Although Bitcoin's price remains below the all-time high of $ 108,135 seen during the bull run throughout 2024, the recent rally marks a significant psychological threshold crossing. However, according to digital asset research firm 10x Research, the market has not yet entered a sustained uptrend.
10x Research, in a report sent to investors, made the following assessment: "Bitcoin appears to be moving in a tactical trading range that offers strategic opportunities rather than a sustained rise."
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