Market analysis: Bitcoin unlikely to hit $100k this year, major rally expected in 2027

Market commentary suggests that Bitcoin's price is currently negatively correlated with oil prices. Given the current interest rate environment, analysts remain skeptical of a surge to $100,000 by year-end, predicting instead a range-bound movement between $70,000 and $90,000. A significant bull run is projected for 2027 as macroeconomic conditions shift.