Bitcoin, about to break $100,000? Experts predict 'possibility of breaking all-time high'

Bitcoin (BTC) is facing selling pressure around $108,000 (approximately 150.12 million won), but analyses continue to suggest a high possibility of breaking through this price level. Particularly, the fact that the price has not significantly dropped below $105,000 (approximately 145.95 million won) is seen as a positive signal supporting the continuation of a bullish market. This interpretation suggests that buyers are maintaining their positions and expecting a price rebound. Most major altcoins are currently trading within a narrow price range, but some coins are showing movements to break through the upper end of short-term resistance levels. While the overall market maintains a wait-and-see attitude, localized upward momentum is emerging. Market experts anticipate that Bitcoin will soon set a new all-time high. Arthur Hayes, founder of cryptocurrency derivatives exchange BitMEX, recently posted on the X social media platform, "If geopolitical tensions in the Middle East ease and the stablecoin regulatory proposal passes in the United States, Bitcoin can again move towards its peak." The political and regulatory movements regarding stablecoin policies in the United States are acting as a critical variable across the cryptocurrency market. Especially with former President Trump recently expressing a favorable attitude towards the digital asset industry and cryptocurrency regulation emerging as an election issue, more weight is being added to Bitcoin's future direction.