Bitcoin Nears $100,000: Satoshi’s Prediction Revisited Amidst Bullish Sentiment

Bitcoin is experiencing another surge in value, approaching its all-time high just under the $100,000 mark. This resurgence has reignited interest in Satoshi Nakamoto’s prediction, where he famously stated that investors should ‘get some in case it catches on.’ As Bitcoin’s price continues to climb, this message echoes its current momentum. 4 consecutive days of gains are possible as the cryptocurrency surged by almost 3% in just 24 hours. The leading cryptocurrency hit its highest point since February and has risen significantly from lows near $93,000, marking a recovery after the market drop from December 2024’s ATH. 3 million BTC have now returned to profitability. This rebound is contributing to fresh investment flows, boosting Realized Cap by 2% over the last month. However, as Bitcoin’s price rebounds, Glassnode observes that volatility premiums are currently squeezed in options markets, prompting uncertainty about market direction and potential for underpriced volatility.