Changpeng Zhao noted that the 100,000 USD mark for Bitcoin is a significant milestone but described it as ‘boring,’ urging speculation on future movements. Despite reaching this level, there is notable growth in interest from both institutional and retail investors. They are closely observing Bitcoin’s performance, seeking investment opportunities.
Technical indicators show Bitcoin is in a bullish trend, with key resistance levels at 110,000 USD and 120,000 USD. Trader Tone Vays re-entered a long position at 100,000 USD, highlighting expectations of further price increases. Vays had previously exited his long positions in late November 2024, doubting a six-digit figure by year-end.