#BTCBackto100K Bitcoin today is showing remarkable strength, hovering around 102,700 dollars. After surpassing the psychological threshold of 100,000 USD, the market appears euphoric, with a predominantly bullish sentiment.
A consolidation phase is observed in this new price range, between 98,000 and 103,000 dollars, following the recent rally. Analysts suggest that this consolidation is healthy and could precede further upward movement.
Forecasts from some experts indicate a potential target of 150,000 USD by the end of the year and even 1,000,000 USD by 2028, supported by factors such as the influx of institutional liquidity and a favorable macroeconomic context. However, it is crucial to closely monitor support levels, particularly the 98,000 USD area, for any potential trend reversals.
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