Bitcoin surpassed 100,000 USD for the first time: On December 6, 2024, Bitcoin achieved a remarkable milestone by crossing the 100,000 USD mark, marking a significant increase of 32% within a month amidst declining prices of traditional assets such as oil and gold.
Analyst insights on Bitcoin’s ‘euphoria stage’: Analyst Quinten François emphasizes that the recent rally signals the start of Bitcoin’s ‘euphoria stage.’ He believes investors have about 12 months to leverage this upward momentum before potential market saturation.
Future predictions for Bitcoin’s price: Raoul Pal predicts Bitcoin could hit a local top of 110,000 USD by January 2025, suggesting that improving global liquidity could support this price increase despite warnings of potential limits from declining liquidity.
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