Table of Contents
- 1 Bitcoin new ATH
- 2 The $100,000 goal is getting closer and closer
- 3 2024 Bitcoin trend and target price
- 4 The race to USD 100,000: a matter of time?
- 5 **Given the increasing regulatory scrutiny and potential macroeconomic volatility, what are the most significant risks to Bitcoin’s projected trajectory towards $100,000, and how might these risks be mitigated?**
Bitcoin is close to 100,000 USD. Record growth of 32% in 15 days. Driven by ETFs and options. Capitalization at the highest and Dominance over 61%
Today saw the price of Bitcoin (BTC) – purchasable with an exclusive $500 Free Bonus here (reserved only for Criptocurrency.it readers) reach a new one ATH a 97.852 USDT, getting ever closer to the psychological threshold of 100,000 USD. With the current high in formation, BTC has been recording for the tenth time a new ATH in November. Fifteen days have passed since Trump’s election.
Bitcoin new ATH
The previous all-time high, recorded last March at USD 73,684, was soperated di ben 24,168 USDT starting November 6th. This nominal growth corresponds to a percentage increase in 32% in just 15 days.
A surprising comparison: the speed of Bitcoin’s growth
From the current ATH, they are missing 2.148 USD why the price of Bitcoin reach the long-awaited threshold of 100,000 USDT! Now this level has become a real one countdownpunctuated by many through numerous memes celebrating each small step towards the finish line.
Let’s stop a moment to reflect on this data: Bitcoin, created in 2009reached for the first time the price of 24.000 USD il December 19, 2017. It took 3242 days (almost 9 years) for a nominal growth of 24,000 USD. Now, the same increase has just been achieved 15 days.
Instead i 25.000$ were reached December 19, 2020basically it took almost 11 years.
The $100,000 goal is getting closer and closer
In our analysis last Saturday, Bitcoin at $100,000: REALITY or MADNESS? Meanwhile +115.70 in 2024 [Analisi] we had highlighted the numbers to achieve this goal. Numbers that could be pushed by the leverage effect given by Future e Options.
And look what came out two days ago, as reported by this article from our chief editor Gianluca Grossi:
.. are launched on the NASDAQ le options on ETF Bitcoin and the umpteenth attention of traditional markets is good for BTC..
Dominace Bitcoin returns to March 2021 levels
Dominance Bitcoin e Total market cap
This rise is pushing the Bitcoin market cap towards 2 trillion dollars. Currently, its capitalization stands at 1.920 billion of dollars, and his dominance on the crypto sector has returned to 61,60%.
It is important to underline that this percentage is “returned” at significant levels, as it had been even higher in the past. However, to find similar dominance we need to go back to early 2021, when the entire crypto sector I had a Total Market Cap of alone 1.75 trillioni of dollars, as can be seen from the attached graph. Today BTC alone capitalizes 20% more.
2024 Bitcoin trend and target price
In the weekly chartwe have an overview of the price of Bitcoin during 2024, with the indication of two main market movers: the approval of the ETF Spot BTC in January and Trump’s election.
![Bitcoin: New high and FLY towards HISTORY! Will it be at $100,000 today? [Analisi]](https://www.criptovaluta.it/wp-content/uploads/2024/11/image-146-1024x522.png.webp "Bitcoin: New high and FLY towards HISTORY! Will it be at $100,000 today? [Analisi]")
The long phase of is also highlighted congestion between March and Novemberculminating in the related breakout. The price of BTC quickly reached the bullish target in the area of 89,000 USDT, corresponding to congestion projection and at the level 1.618 of Fibonacci extensions. The level nextyou seem to 2coincides, a hundred dollars less, with the area of $100,000.
The race to USD 100,000: a matter of time?
The road to reach i 100.000 USD is now linked to the time factor. Cyclically, BTC is entering a time window of sales relating to the long-term cycle of 14 months. The last time we were in this sales window was at March 2024. On that occasion, Bitcoin it didn’t collapsebut it has crossed some corrective swings which generated fear, while still remaining within the congestion box highlighted.
Bitcoin and cycles
Therefore, until graphic evidence emerges of distribution or signals of one possible reversalnothing prevents BTC from remaining anchored to thearea of maximums or overcome the threshold of the gods in peace 100.000 dollars.
**Given the increasing regulatory scrutiny and potential macroeconomic volatility, what are the most significant risks to Bitcoin’s projected trajectory towards $100,000, and how might these risks be mitigated?**
## Bitcoin’s March to $100,000: An Interview
This interview will explore the recent surge in Bitcoin’s price and its potential to reach $100,000.
We’ll discuss the factors driving this rally, the role of market dominance, and the potential impact of future events.
**Section 1: The Meteoric Rise**
* The article highlights the sharp increase in Bitcoin’s price, reaching $25,000 in just 15 days. How significant is this rapid growth compared to previous bull runs? Does it reflect a fundamental shift in market sentiment or is it driven by speculation?
* The article mentions Bitcoin reaching $24,000 faster this time compared to 2017, despite the time difference. What aspects of the current market environment might be contributing to this accelerated growth?
**Section 2: Dominance and Market Dynamics**
* Bitcoin’s market dominance has soared back to levels not seen since early 2021. What does this resurgence in dominance tell us about the current state of the cryptocurrency market?
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*With Bitcoin’s dominance increasing, what implications does this have for altcoins?
**Section 3: The Road to $100,000**
* The article suggests that Bitcoin could reach $100,000 based on technical analysis and historical trends. How reliable are these predictions, and what factors could potentially derail this trajectory?
* What role might external factors, such as macroeconomic conditions and regulatory developments, play in Bitcoin’s price trajectory?
**Section 4: The Future Landscape**
* Assuming Bitcoin does reach $100,000, what broader implications might this have for the adoption and integration of cryptocurrencies into mainstream finance?
* What are some of the potential risks and challenges that could arise as Bitcoin continues to gain prominence?
* What advice would you give to investors who are considering entering the Bitcoin market at this stage?
This interview structure encourages a comprehensive and nuanced discussion about Bitcoin’s future, acknowledging both its potential and the inherent uncertainties within the cryptocurrency market.
