On January 5th, Bitcoin's price rebounded above $94,000, sparking many bold predictions, including one from Korean internet celebrity Kim YoungHoon(YoungHoon Kim): Bitcoin will break $100,000 within 48 hours. Although Kim YoungHoon's past predictions have often been wrong—for example, in November last year, he predicted Bitcoin would surge to $220,000 within 45 days—this prediction still garnered widespread attention. Analysts point out that the current rally is driven by improved stock market sentiment, lacking the panic buying or structural catalysts typically needed to fuel such rapid increases. On-chain data shows that the activity of long-term holders indicates this is mainly a repositioning rather than extreme demand.
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On January 5th, Bitcoin's price rebounded above $94,000, sparking many bold predictions, including one from Korean internet celebrity Kim YoungHoon(YoungHoon Kim): Bitcoin will break $100,000 within 48 hours. Although Kim YoungHoon's past predictions have often been wrong—for example, in November last year, he predicted Bitcoin would surge to $220,000 within 45 days—this prediction still garnered widespread attention. Analysts point out that the current rally is driven by improved stock market sentiment, lacking the panic buying or structural catalysts typically needed to fuel such rapid increases. On-chain data shows that the activity of long-term holders indicates this is mainly a repositioning rather than extreme demand.