The Bitcoin price is approaching the $100,000 mark, with projections suggesting it could reach it by the weekend. Analyst Tony Severino draws parallels between Bitcoin's current price movements and its 2017 surge after breaking the $10,000 mark. Severino believes breaking $100,000 could cause another sharp increase, potentially leading to gains of up to 100%. However, he cautions that this could also mark the peak of the current bull run, followed by a significant correction. The Bitcoin ecosystem has changed since 2017, with growing institutional interest contributing to the steady growth of the Bitcoin price. At the time of writing, Bitcoin is trading at $99,032, up 2% in the past 24 hours.



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