What happens when Bitcoin hits $100k? Analysts weigh in
Bitcoin (BTC) is nearing the long-awaited psychological level of $100,000 (or $100k) per coin, bringing mixed feelings among analysts. While some are dominated by pure euphoria, eyeing the next round target for BTC price, others show disbelief or caution. “What happens when Bitcoin hits $100k,” asked Eric Balchuas, Bloomberg ’s senior ETF analyst, who has been actively covering BTC ETFs. His post on X got over 1,800 comments in 10 hours, with many analysts and commentators giving their opinion. Eric Balchunas post: “What happens when Bitcoin hits $100k.” Source: X / Finbold Bitcoin price analysis, as BTC flirts with the $100,000 Finbold collected some of these comments and analyses to understand what “the crowd” has to say about Bitcoin’s $100,000. As of this writing, Bitcoin is trading at $98,440, retracing from the $99,500 recent all-time high. Picks for you ...