Bitcoin (BTC) has recently surpassed the significant $100,000 threshold, reaching an all-time high of $104,088. This surge is attributed to increased investor optimism and favorable regulatory prospects. Technical analysis indicates a bullish momentum, with projections suggesting a potential 10-20% price increase in the next two weeks, aiming for levels between $110,000 and $120,000 per BTC.
However, it's important to note that some analysts anticipate possible consolidation or minor profit-taking at these elevated levels. Investors should remain vigilant and consider these factors when making investment decisions.