$100K Bitcoin next? No euphoria 'encouraging' as BTC price breaks new highs

Bitcoin analysts and traders are optimistic that BTC price will hit the coveted $100K mark, despite “luke-warm” social media response to the latest all-time highs.

Bitcoin (BTC) continues its march toward the coveted $100,000 mark after setting another all-time high above $94,000 on Nov. 19.

Even though this move to new record highs did not spark “euphoria,” analysts say it is necessary for pushing BTC price higher.

BTC/USD daily chart. Source: TradingView 

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