Alt season : Bitcoin Hits $100,000: What's Next?
Bitcoin has reached $100,000 for the first time, and analysts think it won't stay there for long. Breaking this psychological barrier is expected to attract more attention and drive the price even higher.
Analysts' Predictions:
- Nick Forster: Bitcoin won't consolidate around $100,000 for long.
- Matthew Hyland: $114,000 price level for Bitcoin is "loading."
- Dan Held: $100,000 milestone represents significant adoption and acknowledgment of Bitcoin as a reserve currency.
What's Next?
- Rotation into altcoins, particularly Ether ( ETH ), is expected.
- Higher Bitcoin prices could lead to a bigger altcoin run. #BTC100K! #ETHOnTheRise #altsesaon