Bitcoin has hit an intraday high of 104,958 USD on Bitstamp, approaching 105,000 USD. It has successfully closed above the 100,000 USD mark for 12 consecutive days.
Despite Bitcoin’s impressive price upward trajectory, retail investors appear to be sidelined. Tom Lee from Fundstrat notes this silence is unusual, especially given the significant market movements.
An earlier Reddit post from 2011 predicted Bitcoin could reach 100,000 USD by 2025. This prediction has attracted renewed attention as Bitcoin approaches significant price milestones.
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