Bitcoin's surge past $100,000 just a month after Trump’s reelection has fueled bold predictions, with analysts eyeing $150,000-250,000 next.
Bitcoin (BTC) price crossed the $100,000 milestone a day after President-elect Donald Trump picked pro-crypto opponent Paul Atkins as the next chairman of the United States Securities and Exchange Commission (SEC).
On Dec. 5, the top cryptocurrency rose by as much as 4.95% to establish a new record high of around $103,640, bringing its net returns since Trump’s reelection as the US president to over 50%.
Most analysts are now anticipating Bitcoin to continue its uptrend beyond the $100,000 mark. But how high can Bitcoin go in the short to medium term?