Bitcoin (BTC) Could Reach $100K: Analyst Predicts Potential Correction Before Milestone

Bitcoin (BTC) Could Reach $100K: Analyst Predicts Potential Correction Before Milestone

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  • Bitcoin’s price movement has reignited option traders’ expectations of a rise.
  • The leading cryptocurrency Bitcoin started the new week positively after a nice weekend, but experienced a decline again after the news of the SEC sending a Wells Notice to Robinhood and fell back to the levels of $63,000.
  • This rise in Bitcoin after the correction in April revived option traders’ expectation of $100,000 in BTC within 2024.

Bitcoin’s recent price movement has sparked renewed optimism among option traders, with some predicting a rise to $100,000 by 2024. However, recent regulatory actions have caused a slight dip in value.

Bitcoin’s Recovery Sparks Renewed Optimism

Following a positive start to the new week... Read the full article for FREE at COINOTAG!

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