The leading cryptocurrency, Bitcoin, has surpassed the critical level of $100,000 but there is no full consensus in the market on what will happen next. Some analysts predict a pullback or sideways movement, while others expect the price to continue rising. Nick Forster, the founder of decentralized options protocol Derive, believes that BTC will not stay around $100,000 for long and expects the rally to continue. He believes that breaking this psychological price barrier will attract more interest, change the minds of existing investors, and lead to more volatility and potential upside. Forster also predicts that investors may start turning to altcoins, particularly Ethereum, which historically outperforms Bitcoin after reaching all-time highs or major milestones.
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