Bitcoin Soars! Understand Why Experts Are Betting on New Records

Bitcoin surpassed the US$ 97 thousand mark, returning to the price level last seen in February. The appreciation indicates a return to market optimism, even amid recent volatility

[{"selector":"#anim-0f51adb1-edce-4172-9caa-711cb8c623fb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b2fa5d39-1bf8-4284-b817-925579c5d0b6","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Analysts point out that buying pressure from institutional investors is driving the price. Large players are returning to the market, signaling confidence in the currency's potential for appreciation.

[{"selector":"#anim-951e9718-4a9b-456b-9303-3d1abca37267","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39e335ba-c35d-4a59-8565-82039c387daa","keyframes":{"transform":["translate3d(-119.34426%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

With BTC regaining strength, the scenario points to a possible continuation of the rise. Experts recommend caution, but do not rule out the possibility that Bitcoin may seek new highs soon.

[{"selector":"#anim-b32850e8-1bcc-4dda-b538-48474731822f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb95ca89-e736-45b1-b5ee-19fc3dbf602c","keyframes":{"transform":["translate3d(-118.95425%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more