Bitcoin hovered around $102,600 today after briefly touching $105,000. The dip didn’t shake everyone. Many still bet on a major rally. According to Bitwise CIO Matt Hougan in an interview yesterday, there’s a path for Bitcoin to hit $200,000 by December 31. He points to growing ETF inflows, more corporate buying, and what he sees as open‑door government policies.
Bitcoin hovered around $102,600 today after briefly touching $105,000. The dip didn’t shake everyone. Many still bet on a major rally. According to Bitwise CIO Matt Hougan in an interview yesterday, there’s a path for Bitcoin to hit $200,000 by December 31. He points to growing ETF inflows, more corporate buying, and what he sees as open‑door government policies.
Bitcoin is trading just above the $100,000 level after pulling back from its recent high of $105K. While the retrace appears healthy, market sentiment is beginning to fracture. Some analysts warn of a deeper correction below the psychological $100K mark, pointing to growing uncertainty in the short term. However, others see this as a necessary step to establish stronger support before the next leg up.
Bitcoin is trading just above the $100,000 level after pulling back from its recent high of $105K. While the retrace appears healthy, market sentiment is beginning to fracture. Some analysts warn of a deeper correction below the psychological $100K mark, pointing to growing uncertainty in the short term. However, others see this as a necessary step to establish stronger support before the next leg up.
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