Bitcoin New All-Time Cleared, $100,000 Straight Ahead?

Bitcoin has now set a new all-time high above $67K, a price range that one would have thought impossible when the market slowed to a crawl in September. Investors across the market are back in the green after enduring a brutal month and sentiment could not be more positive. This has translated to more faith in the market as more money flows into crypto. However, hitting a new all-time high does not mean that the market stops moving. If anything, times like these are crucial for the digital asset in the long term as the market could go either way. With this in mind, Coindesk talked to market analysts to get a feel for where they see the price of the digital asset going from here. The responses were insightful, as well as bullish all around for the cryptocurrency. Full Speed Straight Ahead The market analysts told Coindesk that they expected the rally to continue. With bitcoin being so high, they did not see any reason why it should slow down now. It has long been speculated that the price of the digital asset is going hit the $100K mark by the end of the year and the analysts have echoed this sentiment. Related Reading | Blockchain Firm Chainalysis Is Adding Bitcoin To Its Balance Sheet Market analyst Ben Caselin said that the digital asset will touch this price point by the end of the year. However, he also believes that bitcoin will surge past this point given the volume of the retail money that will be pumped into the m...