Amberdata: Bitcoin will cost more than $ 100,000

Amberdata analysts predict that Bitcoin BTC $94,647.71 Bitcoin 0.31% Market capitalization $1.87 trillion VOL. 24 hours $0.64 billion will soon return to the six-figure mark. This expectation is based on the steady growth of activity in the network, in particular, on the increase in the number of transactions and the growing interest of institutional investors.

According to experts, the cryptocurrency market is showing positive dynamics, which is supported by optimistic investor sentiment after the latest macroeconomic news. In particular, the absence of new significant restrictions from regulators creates a favorable backdrop for the growth of the value of digital assets.

The key factors behind Bitcoin’s growth are also the increased activity of users on the Lightning Network, which provides faster and cheaper transactions, as well as the growing demand for cryptocurrency as an alternative to traditional assets.

Amberdata analysts also point to the possible impact of macroeconomic changes, such as a potential US Federal Reserve rate cut, which could encourage investors to invest in cryptocurrencies. This is expected to support the upward trend, which could lead to a return of Bitcoin to over $ 100,000.

However, experts warn that the market remains highly volatile, and therefore sharp price fluctuations are possible. Investors are advised to carefully analyze the market situation before making decisions.

At the time of writing, bitcoin is trading at $ 93,555.