Bitcoin has achieved a significant milestone by reaching a price of $100,000, marking a new record high for the cryptocurrency. This achievement has caused increased volatility in other Bitcoin-based altcoins such as Bitcoin SV (BSV) and Bitcoin Cash (BCH), indicating market uncertainty.
The technical analysis suggests that Bitcoin's price action remains bullish, which is expected to continue in the upcoming week. This creates a benchmark moment for the broader cryptocurrency market, impacting market trends and investor sentiments.