#BTC100kNext? đ Market & Price Action
⢠BTC nears $97,000 â highest in 8 weeks: Bitcoin surged toward ~$97K amid easing inflation fears and macro optimism, signaling strengthening momentum toward six figures. ďżź
⢠Regulatory and market optimism: BTC climbed over $95K with broader crypto gains, supported by positive commentary on the Digital Asset Market Clarity Act and U.S. regulatory attention â keeping the $100K path alive.
đ Predictions & Analyst Views
⢠Technical momentum building: Analysts see BTCâs break above key resistance as aligning with bullish forecasts like those from Tom Lee, suggesting a possible new all-time high (potentially near or above $100K).
⢠Short-term predictions still bullish: Market commentary indicates ongoing upward movement with $100K as the next key psychological target â though not guaranteed.
⢠Some hype and skepticism: A recent social media claim says BTC could hit $100K very quickly (even within 24 hours), but such statements are speculative and not based on solid market catalysts.
đ Medium-Term Outlook
⢠Traders targeting $100K by month-end: A broader report notes that many market participants currently have $100K within their sights as the next milestone in January, driven by steady ETF inflows and technical setup.
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đ§ What Experts and Institutions Are Saying (Context Beyond Breaking News)
1. Price level psychology and technical support
Analysts have at times noted that the $100K level acts like a strong magnet or key support/resistance zone â meaning traders watch it closely for breakouts or pullbacks.
2. Standard Chartered revised forecast
One major bank cut its 2025 BTC forecast to $100,000 (from earlier, more aggressive targets), suggesting a more conservative near-term horizon â although it still holds a bullish long-term outlook toward much higher prices.
3. Technical pivot zones
Some analytical models see Bitcoin trading in a range where sustaining levels above ~95K could increase the odds of a run toward $100K and beyond.