{"id":27595,"date":"2024-03-14T06:21:48","date_gmt":"2024-03-14T06:21:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-stabilizes-at-73k-but-analysts-eye-100k-fireworks-igaming-org\/"},"modified":"2024-03-14T06:21:48","modified_gmt":"2024-03-14T06:21:48","slug":"bitcoin-stabilizes-at-73k-but-analysts-eye-100k-fireworks-igaming-org","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-stabilizes-at-73k-but-analysts-eye-100k-fireworks-igaming-org\/","title":{"rendered":"Bitcoin Stabilizes at $73K, But Analysts Eye $100K &#038; Fireworks- iGaming.org"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>With <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> hovering around the $73,000 mark for several days, maintaining its position after reaching a new all-time high earlier in the week, Adam Back, CEO and Co-Founder of Blockstream, on X commented on the lack of excitement surrounding Bitcoin\u2019s price movements, even in the mainstream media.<\/p>\n<p>Back suggests that the <strong>anticipation for Bitcoin to hit $100,000 is so strong that current price levels don\u2019t spark the same level of excitement.<\/strong> He stated, <em>\u201cBitcoin tapped $73k Tuesday. No one said anything. Spent much of Wednesday above $73k. I think the reason things are muted is that $100k seems way overdue, for a few years now, so there\u2019s not much bull market euphoria as the $1-5k green candles scroll by. Just tick tock $100k.\u201d<\/em><\/p>\n<p>Earlier in the week, Back had expressed a more emphatic view on social media, stating that <strong><em>\u201cbitcoin under $100k is bullshit IMO.\u201d<\/em><\/strong> As it stands, Bitcoin\u2019s price is at $72,990, according to the latest CoinMarketCap data.<\/p>\n<p>Other market analysts, including Willy Woo, share Back\u2019s sentiment. Woo pointed out the emerging interest in Bitcoin ETFs and predicted that institutional investments and wealth management platforms would require a few months for due diligence before making substantial allocations.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>250% Extra + $125 Free Chip!<\/strong><\/strong> <\/p>\n<p>New players only. 250% on 1st Deposit + $125 Free Chip<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>He also projected that the current cycle would end with over a billion people worldwide owning Bitcoin, drawing parallels to the adoption rate of the internet.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/bitcoin-holds-quiet-at-73k-a-prelude-to-100k\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) With Bitcoin hovering around the $73,000 mark for several days, maintaining its position after reaching a new all-time high earlier in the week, Adam Back, CEO and Co-Founder of Blockstream, on X commented on the lack of excitement surrounding Bitcoin\u2019s price movements, even in the mainstream [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":27596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27595"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=27595"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/27596"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=27595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=27595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=27595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}