PANews reported on December 5 that according to Reuters, market participants are closely watching the trend of Bitcoin after it breaks through $100,000. Investors and speculators may hope to profit from it. Steven McClurg, founder of digital asset investment company Canary Capital, said: "But once the market clears the sell orders, the price of Bitcoin may rise further, and the rise will be very rapid. It is expected that the price of Bitcoin will reach $120,000 by Christmas."
Independent cryptocurrency analyst Justin D'Anethan said: "Bitcoin's breakthrough of $100,000 is not only a milestone, but also proves the change in financial, technological and geopolitical trends. This number, which was considered a fantasy not long ago, has now become a reality."
