Bitcoin is on the brink of hitting $100,000, coming within 1% of the milestone on November 22. After a brief dip below $96,000, BTC rebounded, setting the stage for a potential breakthrough. Trader Skew suggests a "violent breakout" could occur once Bitcoin surpasses the $100,000 mark, as current price levels are steadily absorbing available supply. Meanwhile, some traders are tempted to short BTC, but experts warn of potential squeezes. On the exchange front, Binance's trading volume has halved since its peak earlier this month, indicating a cautious market mood.