Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

The Bitcoin price has recently stabilized above the $90,000 mark, sparking renewed optimism among bullish investors. Analysts at BTIG have suggested that this rebound could propel Bitcoin towards its ambitious target of $100,000. Bitcoin Price Positioned For ‘Reflex Rally’ Jonathan Krinsky, an analyst at BTIG, expressed confidence that the Bitcoin price is positioned for a continued “reflex rally,” potentially reaching $100,000 in the short-term. Historical data indicates that Bitcoin typically reaches a bottom around November 26, gaining momentum as the year comes to a close source: https://www.newsbtc.com/breaking-news-ticker/bitcoin-price-to-recover-100000-btig-cites-key-reasons-for-optimism/