Bitcoin at $100K No Longer a Dream Believe Traders, but Blow-Off Top Warning in Near Term
QCP traders expect a run to $100,000 — nearly 10% higher than the current record of over $93,000 — in the coming months, with those gains flowing into altcoins in a mark of a general “alt season.”
- The potential for $100,000 bitcoin has been fueled by anticipated U.S. regulatory changes and strong institutional adoption.
- There are expectations of an altcoin season following a decrease in Bitcoin's market dominance.
- Despite the bullish outlook, concerns about overvaluation and potential market corrections persist.
0 Comments