Bitcoin could reach $100K in t

Bitcoin could reach $100K in the near term as the current bull run remains strong. Analysts predict it may even climb to $120K. The $100K level is significant, as many investors might take profits, causing a temporary pullback. However, increasing institutional investment, especially from companies like MicroStrategy, is driving demand and reducing supply, which supports higher prices.

As Bitcoin gains attention, fear of missing out (FOMO) could push prices higher. Additionally, potential crypto-friendly policies under a Trump administration may boost market confidence. Considering these factors, I expect Bitcoin to hit $100K soon and plan to gradually take profits near this level while staying prepared for further gains.

BTC Retraces to $96000: Buy the Dip or Exit Now?

Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term. ------------ What's your target price for Bitcoin in 2024? Is it good time to buy the dip or exit from Bitcoin?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term.\n------------\nWhat's your target price for Bitcoin in 2024?\nIs it good time to buy the dip or exit from Bitcoin?","image":"https://community-static.tradeup.com/news/04432831a9e272d10f2bcaf34b40b54c"}],"images":[],"coverImages":[],"html":"<html><head></head><body>Bitcoin could reach $100K in the near term as the current bull run remains strong. Analysts predict it may even climb to $120K. The $100K level is significant, as many investors might take profits, causing a temporary pullback. However, increasing institutional investment, especially from companies like MicroStrategy, is driving demand and reducing supply, which supports higher prices.\nAs Bitcoin gains attention, fear of missing out (FOMO) could push prices higher. Additionally, potential crypto-friendly policies under a Trump administration may boost market confidence. Considering these factors, I expect Bitcoin to hit $100K soon and plan to gradually take profits near this level while staying prepared for further gains.</body></html>","htmlText":"<html><head></head><body>Bitcoin could reach $100K in the near term as the current bull run remains strong. Analysts predict it may even climb to $120K. The $100K level is significant, as many investors might take profits, causing a temporary pullback. However, increasing institutional investment, especially from companies like MicroStrategy, is driving demand and reducing supply, which supports higher prices.\nAs Bitcoin gains attention, fear of missing out (FOMO) could push prices higher. Additionally, potential crypto-friendly policies under a Trump administration may boost market confidence. 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