Reasons for the strong rise of Bitcoin**
1. **Increased demand from institutions**: Major companies and institutional investors entering the market aggressively.
2. **Supply shortage**: With the reduction of mining rewards (the *Halving*), Bitcoin has become scarcer.
3. **Adoption by governments and financial institutions**: Some countries have started to regulate Bitcoin, which boosts market confidence.
**What does reaching $100,000 mean?**
If Bitcoin breaks this psychological barrier, it could attract more investors, potentially driving the price to higher levels. However, experts warn of the rapid volatility that the crypto market is known for.
