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Coin Edition 2025-01-16 06:02:23

Bitcoin Hits $100,650 Before Retracing: Is $120K the Next Milestone?

Bitcoin Hits $100,650 Before Retracing: Is $120K the Next Milestone?

Bitcoin price $100K milestone sparks debate on its $120K or $1M potential. Experts split: Bitcoin could hit $1M or face a pullback to $40K-$50K in 2025. Bitcoin adoption grows, fueling predictions of ‘ hyperbitcoinization’ worldwide. Bitcoin briefly hit $100,650 earlier today , but it’s now hovering around $99,590. Quite a few crypto analysts and experts tracking BTC price closely believe Bitcoin could still reach $120,000, $200,000, or even more. This echoes Eric Trump’s earlier prediction that Bitcoin could hit $1 million. Now, Samson Mow, the CEO of Jan3, has joined the chorus. He has also suggested Bitcoin to eventually reach $1 million and thinks this rise will be fast and dramatic, like the sudden fall of traditional currencies. In an interview with David Lin, Mow also said that more countries are adopting Bitcoin, hinting towards “ hyperbitcoinization ,” where Bitcoin could become the world’s dominant currency. Clem Chambers’ Bitcoin Warning Clem Chambers, founder of ANewFn, disagreed with Mow’s prediction. He thinks that once Bitcoin’s price gets close to extremely high targets, like $1 million, it’s time to consider selling. Chambers be… The post Bitcoin Hits $100,650 Before Retracing: Is $120K the Next Milestone? appeared first on Coin Edition .

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