By: Virginia Bramlett
Bitcoin's recent surge to nearly $100,000 has captured the attention of investors and analysts alike, igniting a wave of bullish sentiment across the cryptocurrency market. This upward momentum, characterized by a remarkable 45% increase since early November, has left many wondering whether the digital currency can maintain its trajectory or if a pullback is on the horizon. As it stands, Bitcoin is trading at approximately $98,600, tantalizingly close to the psychological $100,000 mark that many believe could unleash even more buying pressure.