Despite recent market activity that saw Bitcoin's price dip below $90,000 following seller activity at the Wall Street open, a trader is maintaining a $100,000 price target for the cryptocurrency, according to reports. The market movements occurred as the price of gold reached a record high of $4,750. The development highlights the ongoing volatility and speculative nature of the cryptocurrency market, where price targets can remain in place despite short-term fluctuations.

Despite recent market activity that saw Bitcoin's price dip below $90,000 following seller activity at the Wall Street open, a trader is maintaining a $100,000 price target for the cryptocurrency, according to reports. The market movements occurred as the price of gold reached a record high of $4,750. The development highlights the ongoing volatility and speculative nature of the cryptocurrency market, where price targets can remain in place despite short-term fluctuations.