Analyst: Bitcoin is highly likely to continue its volatile rise, aiming for the $100,000 mark

Bitget news, crypto analyst Crypto Hunter released a trend analysis of BTC and $ETH. It stated: BTC continues to steadily rise as US buying resumes. Although there was a pullback after breaking new highs in the early morning, the volume of the pullback was relatively small, indicating that selling pressure is relatively weak. Bitcoin is likely to continue its volatile upward trend towards the major milestone of 100,000 USD.

$ETH has been oscillating between 3000-3200 USD from the 16th to the 20th. During this period, trading volumes were lower when prices fell than when they rose. Moreover, with each oscillation cycle's bottom getting higher and higher indicates stronger buying power than selling power. Looking at price-volume relationship suggests that $ETH has most likely completed its adjustment phase and will soon start rising again towards hitting a significant level of 4000 USD.