The Bitcoin price is close to reaching the $100,000 milestone, with recent intraday highs sparking anticipation. Crypto analyst Tony Sevino notes a pattern akin to Bitcoin's 2017 surge, suggesting a rapid ascent followed by correction.
Severino anticipates potential gains of up to 100%, but warns the rally might be brief, mirroring the 2017 bull run final stage. Institutional interest, including Spot Bitcoin ETFs, underpins current conditions.
At present, Bitcoin trades at $99,032, influenced by these dynamics amid a growing institutional landscape.
Quelle: www.newsbtc.com ↗