Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.
Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history.
The Bitcoin (BTC) price broke above a new high of $82,410 at 10:19 am UTC on Nov. 11, Bitstamp data shows.
BTC/USD, 1-month chart. Source: TradingView
