Bitcoin’s $100K milestone debated as year-end nears

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The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data.

Nearly half of Bitcoin options traders are betting on a six-figure price by the end of 2024, with a few even eyeing a surge to $150,000 despite the recent pullback to $90,000, onchain data shows.

“Interestingly, the likelihood of BTC exceeding $100,000 has risen to 45% from last week’s 34%, with a new 4% probability of surpassing $150,000,” onchain options DeFi protocol founder Nick Forster said in a Nov. 26 markets report.

“Very few” Bitcoin sellers, according to data

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