Bitcoin has just hit an all-time high of $66,930. Therefore, with the current price movement at an unprecedented rate, the bitcoin price will skyrocket past $100,000 later this year. Moreover, in this month alone, the price of bitcoin has rallied more than 20%.
Currently the price of bitcoin is experiencing a slight correction after previously successfully forming a new ATH at $67K. In the last 24 hours, the bitcoin price has corrected by $4K which make it trade at the current $62K-$63K price. I still believe that bitcoin price could reach $100K this year if bitcoin whale didn't get involved to sell their bitcoin. Afaik, whale can manipulate the market with their bitcoins but we should also be wary of people who want to take profit after investing for a long time especially those who have a lot of bitcoin in their wallet.