Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half.
Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
Traders should be cautious as some BTC investors and miners are booking profits and increasing the selling pressure.
BTC
90,818.75
-1.89%