Bitcoin's recent surge above the $90,000 level reflects strong investor confidence, driven by ETF inflows and accumulation trends, potentially signaling a move toward a new all-time high.
If Bitcoin breaches the psychological $100,000 threshold, market analysts speculate it could continue to rise towards $200,000, although extreme greed indicators suggest a potential market top could be looming.
The overall sentiment remains bullish among retail investors, as they increasingly view Bitcoin not just as a cryptocurrency, but as a future store of value, unrivaled in the digital asset landscape.
Media and political endorsements, including from notable figures like Robert F. Kennedy Jr., reinforce Bitcoin's standing as a significant player in both the financial market and potential policy discussions.
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