The Bitcoin price has reached a new all-time high of $89,700, driven by increasing demand and institutional buying. This has sparked speculation of a possible surge to $100,000 and positive market trends. The options market for Bitcoin is seeing heightened activity, with record high open interest and a focus on higher strike prices, indicating expectations of continued upward momentum. Spot Bitcoin ETFs have also seen significant inflows, reinforcing the optimistic forecast. Bitcoin experienced a slight dip but found support just under $88,000, showing resilience and ongoing institutional interest. Traders are increasingly targeting the $100,000 level, supported by market fundamentals. At the time of writing, Bitcoin is trading at $90,531.50 with significant gains. The RSI suggests overbought conditions, but the MACD indicator confirms bullish momentum.



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