Bitcoin's price surged to $88,168, marking a 3.16% increase in the past 24 hours, despite a 14.81% drop in daily trading volume to $44.83 billion. Analysts have noted a head-and-shoulders pattern reminiscent of the 2021-2022 market, suggesting a potential rise to $100,000 before a possible 35% correction. The cryptocurrency has fluctuated between $85,000 and $90,000, with over 11,000 BTC transferred to exchanges this week, indicating increased selling pressure.
Bitcoin Nears $100,000 as Market Pattern Resurfaces
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