Bitcoin has recently surged to $90,000, and there are predictions it could reach $100,000 within weeks. Galaxy’s Alex Thorn suggests that the recent price consolidation below the $93,000 all-time high is healthy for the market and paves the way for further upward momentum. While Bitcoin's ascent is projected to continue through the end of the year, factors such as the potential demand from a US strategic bitcoin reserve could influence selling patterns among current holders. Additionally, emerging catalysts and market dynamics could motivate further price growth, raising speculation about even higher targets, perhaps as high as $500,000. Institutional players like GSR's Brian Rudick are noting that as demand materializes over the coming months, it will significantly impact Bitcoin's trajectory and price stability.

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