Bitcoin breaks through $90,000
Bitcoin has recently exceeded the $90,000 mark, and market sentiment is rising, reflecting investors' reassessment of its value. According to analysis by Greeks.live, although the overall market is optimistic about Bitcoin, there are differences in the future trend. On the one hand, some traders predict that Bitcoin will continue to move towards the target of $100,000 to $110,000; on the other hand, some people are worried that there may be adjustments after hitting $100,000. This emotional differentiation reflects uncertainty in the market, especially in the context of fluctuations in the global economic and geopolitical environment. Bernstein analysts point out that Bitcoin is increasingly viewed as a non-sovereign value storage tool, especially as geopolitical uncertainty and the risk of currency depreciation rise. This view has been verified by the market, as Bitcoin exhibits relative resilience during traditional stock market volatility. In addition, investors' demand for Bitcoin has increased significantly, and the surge in the number of open contracts shows a recovery in market confidence. It is worth noting that the synchronous rise of Bitcoin and gold has further consolidated its position as "digital gold", and investors are gradually withdrawing funds from risky assets such as the US dollar and turning to safe-haven assets such as Bitcoin and gold. Although the current market sentiment is optimistic, analysts remind that the key resistance is around $97,000, and if it cannot break through, it may lead to a short-term pullback. Therefore, investors should be cautious when operating and pay attention to market trends in order to adjust their strategies in a timely manner. The market is likely to usher in more volatility and opportunities in the coming weeks as expectations for Bitcoin’s strategic reserve plan increase.