Bloomberg: Several analysts expect BTC to break through $100,000 in the short term, as the market is in a price discovery phase

ChainCatcher news, Bloomberg published an analysis that the rise of Bitcoin on Wednesday by 6%, reaching a peak of $97,361, may be influenced by Paul Atkins potentially becoming the new chairman of the SEC. Ethereum surged over 10% during the day, and analysts expect BTC to possibly break through $100,000 in the short term:

1. Wintermute OTC trader Jake Ostrovskis stated: "The market is in a price discovery phase, and the recent decline appears to be a healthy correction, likely driven by profit-taking, with traders believing that the $100,000 level is likely to be breached."

2. B2C2 director Nikolay Karpenko pointed out that the earlier decline in Bitcoin this week was tactical, and Bitcoin is likely to break through $100,000 soon.