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Recently, the price of Bitcoin has been continuously rising, attracting widespread attention. According to the latest market dynamics, the price of Bitcoin is approaching the historical high of $100,000. Below is relevant information about Bitcoin's price breaking through $100,000.
The price of Bitcoin has experienced significant growth over the past few months. According to search results, the price of Bitcoin reached $99,500 per coin on November 22, 2024, close to the $100,000 milestone. Additionally, the CME Bitcoin futures BTC main contract closed at $99,815.00 on November 22, 2024, in New York, and briefly surpassed $100,000 at 03:37 Beijing time, reaching a historical high.
Experts and investors in the cryptocurrency field have different views on Bitcoin breaking through the $100,000 mark. Crypto KOL Cobie predicts that if Bitcoin surpasses $100,000, the price will easily rise to $250,000. However, cryptocurrency billionaire Michael Novogratz warns that Bitcoin could pull back by as much as 20% after breaking the $100,000 mark.
Despite the risk of a pullback, many investors remain optimistic about Bitcoin's future. MicroStrategy co-founder Michael Saylor predicts that the price of Bitcoin will reach six figures by the end of this year. Additionally, the "paradigm shift" brought by the elected President of the United States, Donald Trump, for cryptocurrency regulation is also considered an important factor for the rise in Bitcoin's price.
In summary, the price of Bitcoin is approaching the historical high of $100,000, and despite the possibility of a pullback, many experts and investors remain optimistic about Bitcoin's long-term prospects. If you are interested in Bitcoin, it is advisable to closely monitor market dynamics and make investment decisions cautiously.
