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Can Bitcoin Reach $100,000?

TheMotleyFool

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Can Bitcoin Reach $100,000?: https://g.foolcdn.com/editorial/images/759941/bitcoin-to-the-moon-bullish-cryptocurrency-btc.jpg

Bitcoin (CRYPTO: BTC) had a tremendous year in 2023, soaring 154%. This gain matches what some "Magnificent Seven" stocks were able to do.

However, Bitcoin still remains 35% below its peak price. So there is a lot of room to go to regain a new high.

As of early January, the price sat at roughly $45,000. But bullish investors have their sights set on a major milestone: the $100,000 mark. Can the world's top cryptocurrency reach this six-figure sum?

Source Fool.com

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