Bitcoin has seen a significant decline after reaching a peak of $70,000. It has now dropped to $64,500. However, despite this downturn, market analysts continue to hold a positive outlook on Bitcoin. They predict that the leading cryptocurrency still has the potential to achieve the milestone figure of $100,000 in the future.
Analysts' optimism is based on various market factors and trends pointing towards a bullish trajectory for Bitcoin. They suggest investors should hold onto their assets as the market matures and evolves.