#BTCBackto100K
Bitcoin is trading at a price ranging between $96,000 and $98,000, and some analysts and X posts indicate the possibility of it reaching $100,000 soon - perhaps within days or weeks - if it breaks key resistance levels like $98,000. Factors influencing this include: Market momentum: The realized market cap of Bitcoin is approaching $900 billion, indicating strong capital inflows and investor confidence. A breakout of Bitcoin's price above $100,000 could target between $120,000 and $138,000 by mid-2025, according to projections from Bull Market and Fundstrat. Cryptocurrency policies: Optimism is bolstered by the supportive stance of the Trump administration towards cryptocurrencies, including regulatory clarity.