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Bitcoin Breaks the $100K Barrier!

By Matthew Hayward

December 5, 2024

3 min read

Bitcoin’s price action had been gradually building over the past couple of weeks as we pushed toward reclaiming the $100,000.00 mark, falling just short at approximately $99,850.00. However, in the early hours of this morning, Bitcoin (BTC) finally broke into new all-time highs (ATHs), marking a historic moment as it traded above $100,000.00 for the first time.

BITCOIN (BTC/USD):

Bitcoin Breaks the $100K Barrier! - a5jS4VqB

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The question now is: where does Bitcoin (BTC) go from here? If positive news about cryptocurrency adoption continues to emerge, we can start focusing on other significant psychological milestones, such as $125,000.00 and $150,000.00.

Bitcoin Breaks the $100K Barrier! - 4Bdgv673

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Author

Matthew Hayward

Matthew is a well-experienced Market Analyst with a key focus on both Fundamental and Technical Analysis. He has experience in covering various market topics including Cryptocurrency, Foreign Exchange, Indices, and Commodities. He looks to provide we...

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