Bitcoin recently reached a new all-time high of $93,483 before slightly retracing. Despite this pullback, Bitcoin is maintaining a position above $90,000. Analysts speculate that the cryptocurrency could still reach $100,000.
Discussing the potential for further price movements, a cryptocurrency analyst highlighted the possibility of Bitcoin continuing its upward trajectory without needing to retest recent levels.
In addition to Bitcoin's movements, there is also speculation about a potential rally in the memecoins sector, which could be influenced by Bitcoin's performance.