Bitcoin (BTC) got the green light for $100,000!

Bitcoin (BTC), which delights crypto investors with its non-stop rise, may be targeting $ 100,000.

Bitcoin (BTC), which dropped to $68,600 as of yesterday, somewhat frightened the crypto ecosystem. However, the pioneer of cryptocurrencies continued its rise from where it left off and quickly climbed above $ 73,000. BTC, which has been in an upward trend since February 26, reached from $ 51,080 to $ 73,175, showing a total performance of 43.25 percent. So, could $100,000 be the next stop for BTC?

Bitcoin may reach $100,000 due to the FOMO effect!

After Spot BTC ETF approvals, all eyes turned to Halving. On average, there are 50 days left until the next BTC Halving. BTC, which has frequently priced positively as halving approaches in the past, reveals the same price structure again. BTC, which has been rising breathlessly since $ 50,000, has set $ 75,000 as its first target. This level, which is an important psychological threshold, can pave the way for the market further with a volume breakout.

Factors such as the positive course of the news flow, the continuation of the frenzy in crypto investors, or BTC settling above $ 75,000 could push the price to $ 100,000. Although it may seem difficult to target $ 100,000 at our current levels, it may be possible for us to see such a development with the combination of factors in the bull market. The most critical point to pay attention to in this process will be futures transactions. Although the main trend in BTC is upward, intermediate corrections can hit the futures markets.