Bitcoin Smashes Through $100K—First Time Since February 2025

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2025-05-08 15:38:56

Bitcoin Tops $100K for First Time in 3 Months; Are Upside Targets Too Low?

After months of sideways action, Bitcoin just punched through six figures again. The rally defies Wall Street’s timid price targets—turns out ’overbought’ is just code for ’we missed the entry.’

Key drivers? Institutional FOMO meets post-halving scarcity. Miners are hodling, ETFs are sucking up supply, and your boomer uncle just asked how to buy ’that internet money.’

Analysts scrambling to update charts. Current ATH at $120K looks conservative when macro winds favor hard assets. Though let’s be real—if banks could front-run this pump, they’d have launched their ’Blockchain Innovation ETF’ by now.

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