Bitcoin Achieves Major Price Landmark


Here’s a rephrased version of the article:

For many years, speculations circulated that the moment was imminent, and it’s finally occurred: Bitcoin has officially exceeded the $100,000 mark.

Late Wednesday evening (EST), Bitcoin’s price (1 BTC) breached the $100,000 milestone, skyrocketing to almost $104,000 in the subsequent hours, according to data from [CoinGecko](https://www.coingecko.com/en/coins/bitcoin).

**SEE ALSO:**
[HBO bitcoin documentary claims to have uncovered the identity of the cryptocurrency’s creator. The individual contests this claim.](https://mashable.com/article/hbo-documentary-satoshi-bitcoin-inventor)

The largest [cryptocurrency](https://mashable.com/category/cryptocurrency) in the world has been experiencing a strong upward movement since the U.S. presidential election in early November, which resulted in Donald Trump’s re-election. Bitcoin has continued to break through previous all-time highs since that time. Just a month earlier, its peak price was slightly above $75,000. Within a few weeks, it has surged another $25,000 to attain this remarkable level.

So, what lies ahead for Bitcoin? The reality is that nobody can determine with certainty. During the cryptocurrency bull market of 2021, numerous [forecasts](https://www.forbes.com/sites/billybambrough/2021/11/02/crypto-price-prediction-bitcoin-could-hit-100000-before-the-end-of-2021-but-lacks-ethereum-intensity/) predicted Bitcoin would reach $100,000 in the near term. However, the market shifted to a bearish trend, causing Bitcoin to drop below $17,000 before embarking on a gradual recovery in 2023.

With Bitcoin now having achieved this long-awaited milestone, the future remains just as uncertain as ever.

Let me know if you need any additional changes!