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Bitcoin (BTC) price extends bullish momentum and reaches a new all-time high of $97,852 on Thursday, currently trading above $97,400, just 2.66% from the $100K mark. BTC futures have already surged past the $100,000 price mark on Deribit, indicating confidence among investors while whales still accumulate BTC.
On-chain data shows that the current BTC bull market resembles that of 2020, suggesting that Bitcoin still has room for higher prices.