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Bitcoin

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<p>Bitcoin recently came close to hitting the $100,000 mark, <a href="https://coinpedia.org/news/why-bitcoin-price-surged-to-99k-today-peter-schiff-revealed-the-real-reason/" target="_blank" rel="noreferrer noopener">reaching a high of $99,645</a>. However, just as it seemed poised to break through, the rally quickly lost momentum, dropping over 6% to $93,415. This sudden pullback has left investors on edge. Is the king coin under threat?</p>   
<p>With Bitcoin’s price history full of dramatic shifts, the next few weeks could reveal whether it’s gearing up for another surge or facing a deeper correction. </p>   
<p>Keep reading to see what’s really at play.</p>   
<h2 class="wp-block-heading" id="bitcoin-the-new-digital-gold">Bitcoin: The New “Digital Gold”</h2>   
<p>Bitcoin is often compared to gold, as both are considered safe havens during times of inflation and economic uncertainty. <a href="https://mail.10xresearch.co/p/bitcoin-crash-or-pause-here-s-why-btc-is-falling-and-when-it-ll-bounce-back" target="_blank" rel="noreferrer noopener nofollow">Analysts at 10x Research</a> highlight Bitcoin’s appeal due to its limited supply, similar to gold’s scarcity. This year, as central banks moved away from the U.S. dollar, gold prices rose, and Bitcoin is following a similar trend.</p>   
<p>Major institutions like BlackRock have dubbed Bitcoin “digital gold,” further cementing its role as a reliable store of value. In October, $4.1 billion flowed into <a href="https://coinpedia.org/news/bitcoin-etf-outflows-surpass-550m-pressuring-btc-below-95k/" target="_blank" rel="noreferrer noopener">Bitcoin ETFs, indicating strong interest</a> from traditional investors looking to hold Bitcoin for the long term.</p>   
<h3 class="wp-block-heading" id="h-microstrategy-s-billion-dollar-bet"><strong>MicroStrategy’s Billion-Dollar Bet</strong></h3>   
<p>Despite Bitcoin’s recent price swings, some companies like MicroStrategy remain bullish. The firm now <a href="https://coinpedia.org/news/microstrategy-bitcoin-holdings-may-reach-over-1million-btc-by-2030/" target="_blank" rel="noreferrer noopener">holds over 386,500 BTC</a>, valued at around $22 billion. According to 10x Research, Bitcoin’s long-term potential lies in its ability to serve as both an inflation hedge and a superior alternative to gold.</p>   
<h3 class="wp-block-heading" id="h-bitcoin-s-price-cycles-what-history-tells-us">Bitcoin’s Price Cycles: What History Tells Us</h3>   
<p>Bitcoin’s price patterns suggest that current dips are just part of its natural market cycle. In 2020, for example, Bitcoin experienced an 18% pullback after a strong rally, taking about three weeks to recover. If history repeats, Bitcoin could rebound and possibly hit new highs, <a href="https://coinpedia.org/press-release/add-cardano-and-new-altcoin-yeti-ouro-for-profits/" target="_blank" rel="noreferrer noopener">potentially surpassing $100,000</a> by the end of December.</p>   
<p>Bitcoin continues to gain credibility with institutional support. Firms like BlackRock and Fidelity now see Bitcoin as a long-term investment, boosting its reputation as “digital gold.” Additionally, Bitcoin’s market dominance is increasing, drawing value away from other cryptocurrencies in a trend known as the “Bitcoin black hole effect.”</p>   [post_titles_links postid="385944"]   
<h2 class="wp-block-heading" id="h-looking-ahead-what-s-next-for-bitcoin">Looking Ahead: What’s Next for Bitcoin?</h2>   
<p>Bitcoin’s future performance will depend on whether it can stabilize after this <a href="https://coinpedia.org/price-analysis/btc-price-plunging-hard-has-bitcoin-correction-started/" target="_blank" rel="noreferrer noopener">recent correction</a>. If the past is any guide, this could be just a temporary dip before the next rally. Short-term volatility may persist as some investors take profits, but the long-term outlook remains optimistic.</p>   
<p>At its current price of $93,268 and with a market cap of $1.85 trillion, Bitcoin’s future looks promising. With strong institutional backing and historical trends favoring a recovery, this could be a brief pause before Bitcoin takes its next big leap.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732708950107">
  <strong class="schema-faq-question">Why is Bitcoin dropping now?</strong> 
  <p class="schema-faq-answer">Bitcoin is experiencing a price correction after a strong rally, with market fluctuations and profit-taking contributing to its recent dip.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732708960307">
  <strong class="schema-faq-question">How do Bitcoin’s price cycles affect its future performance?</strong> 
  <p class="schema-faq-answer">Bitcoin's price cycles show that dips are often followed by recoveries, and history suggests it could surpass $100,000 again by year-end.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732708980942">
  <strong class="schema-faq-question"><strong><strong>What is Bitcoin’s price prediction today?</strong></strong></strong> 
  <p class="schema-faq-answer">The BTC price may range between $90,500 and $96,000 for today.</p> 
 </div> 
</div>

Bitcoin Price Crash: Is the $100K Target Still Possible? What You Should Know

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