The price of Bitcoin continues to rise, reaching $96,715 amidst supportive statements from well-known entrepreneurs.
Bitcoin Price Increase
In the past 24 hours, Bitcoin's value surged by more than 2%, currently standing at approximately $96,715. The day's opening price was around $94,823.5. Data from Coinglass indicates that open interest reflects bullish sentiment in the derivatives market.
Statements by Changpeng Zhao and Robert Kiyosaki
Former Binance CEO Changpeng Zhao and American businessman Robert Kiyosaki have recently expressed their views about Bitcoin online. Kiyosaki highlighted that buying Bitcoin is the quickest way to wealth, noting that only those who do not believe in Bitcoin would miss out. Changpeng Zhao also emphasized the importance of continuing to act responsibly despite the fear of missing out.
Bitcoin Market Outlook
Amidst the current rise in BTC, further price increases are anticipated. Speculation is tied to upcoming political events in the US. Expectations of future growth are also linked to lower-than-expected PPI data on January 14 and positive open interest data.
Support from notable entrepreneurs is fueling Bitcoin's increase. However, caution is advised due to the volatility of cryptocurrencies.
