In the meantime, Bitcoin has lost roughly 6.35% after surging to a new record peak last Friday. So far, it has failed the expectations of the community of seeing it break above $100,000 quickly.
So far, the world’s bellwether cryptocurrency, Bitcoin, is changing hands at $93,500 after partly paring its losses, faced after the massive 8% price decline on Monday. Mow then tweeted that a “Black Friday Bitcoin sale” had started, offering the community to stock up on BTC on the dip.
Michael Saylor, a renowned Bitcoin evangelist, tweeted that he has already planned a $100,000 Bitcoin party at his house on one of the last days of December and of 2024, as he expects BTC to reach that much-anticipated price mark by then, either in November or December.
However, he stated that BTC will definitely be back to pass $100,000 with effort, and he said that after that, “the next $100,000 will happen in weeks.”
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
