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However, skepticism persists. The speaker in the transcript cautions against blindly accepting these assertions, arguing that high open interest and leverage could lead to a market pullback before any significant uptick occurs. Many traders believe that both long and short positions may face a flush-out, presenting an opportunity for Bitcoin to eventually rise above $100,000.
The ultimate lesson for investors is the importance of conducting thorough research and maintaining skepticism towards the predictions flood that's characteristic of cryptocurrency markets. As markets remain volatile and speculative, the chances of fluctuating predictions are high.