Bitcoin recently achieved a new all-time high slightly above $94,000 and continues to maintain its position above $92,500. This solid positioning comes despite ongoing bearish activities which suggest a potential sell-off.
However, market experts believe that the bullish momentum is far from over, and the $100,000 milestone could be reached sooner rather than later. Such projections are fueled by growing market sentiments that could help Bitcoin stabilize above crucial support levels.
The persistence of these conditions is critical for Bitcoin's continued ascent toward the next psychological benchmark of $100,000, marking a significant milestone in its price trajectory.