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Continuing to make history! Bitcoin once broke through $0.093 million, next step aiming for $0.1 million?
According to data from the derivatives exchange Deribit, call options are betting on bitcoin reaching 0.1 million dollars. There are constant optimistic voices in the market, but some industry insiders point out that a lot of good news has already been priced into bitcoin, and in addition, the surge in US bond yields is unfavorable for cryptos.
Bitcoin briefly touched the $0.09 million mark, traders have set their sights on $0.1 million, how do you see the market going forward?
Recently, the price of bitcoin has continuously hit historical highs, breaking through multiple key levels, with today's peak exceeding $0.09 million. In the near future, many institutions and analysts are bullish on bitcoin. Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, recently stated that after Trump's victory, the price of bitcoin will reach $125,000 by the end of this year, and $200,000 by the end of 2025.
Bitcoin has first broken through the 0.093 million dollar mark! The price is still considered cheap?
Analysts indicate that once the market cap of bitcoin exceeds that of gold, reaching around $0.5 million, investors will realize this is a unique buying opportunity.
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