The sentiment among bullish cryptocurrency enthusiasts is growing increasingly optimistic. Driven by news of Trump's victory, more and more people are optimistic that the price of Bitcoin will rise to $100,000 by the end of the year. CoinShares research director James Butterfill pointed out that considering the positive political momentum, social media hype, ongoing interest rate cuts, and the prospect of Bitcoin becoming a strategic reserve asset for the U.S., its price may rise further. In the past 24 hours, Bitcoin's price briefly surpassed $89,000, and at the time of writing, its seven-day increase is close to 30%, far exceeding the performance of other assets. Bitwise Chief Investment Officer Matt Hougan stated that although more investors are seeking to join this upward trend, long-term holders are unwilling to sell Bitcoin below $100,000, and short sellers are also hesitant to go against the trend. Analysts emphasize that due to the strong bullish momentum, Bitcoin has not shown any significant pullbacks or signs of consolidation so far. These views support Bitcoindata21's bolder bets. They believe the first peak for Bitcoin will reach $150,000, and there won't be significant consolidation before that, followed by a price drop to $120,000. Peter Brandt, a trader in the crazy crypto space, pointed out on Monday that Bitcoin had already shown significant buying signals over the weekend, hinting that its price will break the $200,000 mark. This is currently the most optimistic prediction. Meanwhile, business intelligence firm and major cryptocurrency holder Microstrategy bought over $2 billion worth of Bitcoin on Monday. As of November 10, the company's spot Bitcoin investment return has exceeded 100%. Additionally, Bitcoin exchange-traded funds (ETFs) are also experiencing a hot market, with net inflows exceeding $1.5 billion in the past week for the Bitcoin ETFs listed in the U.S. Cameron Winklevoss, co-founder of the Gemini exchange, emphasized over the weekend that the momentum for Bitcoin's price rise above $80,000 is driven by stable ETF demand rather than retail investor sentiment. This provides solid momentum for the rise, and this is just the beginning.

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