Bitcoin Price Forecast: BTC pointing to the $100K mark

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Bitcoin Price Forecast: BTC pointing to the $100K mark
CryptocurrenciesTechnical AnalysisUS Elections
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Bitcoin (BTC) edges higher and trades at around $91,600 at the time of writing on Tuesday while consolidating between $87,000 and $93,000 after reaching a new all-time high (ATH) of $93,265 last week.

Bitcoin price today: $91,600 Bitcoin price consolidates between $87,000 and $93,000 after reaching a new all-time high of $93,265 last week. Founder and CEO of CryptoQuant Ki Young Ju says that Bitcoin euphoria is here. Reports highlight that investors may delay rotating into altcoins as BTC shows potential to reach the $100K milestone.

The OCC confirmed that IBIT options would begin trading on Tuesday, which could create new market dynamics, particularly around options expirations and weekends. Lastly, as Trump pledged during the election campaign, the progress toward a Bitcoin strategic reserve or national Bitcoin stockpile could also catalyze Bitcoin’s $100,000 mark.

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