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Bounceback: Bitcoin at $30,000 level, but surge puts $100,000 within sight

Bitcoin's bounce has surfaced the way for the type of six-figure price projections that peppered the pandemic-era crypto boom. The token's ripening monthly streak puts history on the side of such bold optimists. Bitcoin is set to climb for the fourth month in a row after eking out an April gain, the best such stretch since a six-month advance through March 2021. In the past decade, four-month winning runs foreshadowed an average Bitcoin surge of 260% over the subsequent year, data from Bloomberg. A jump of that magnitude would take the largest digital asset to a record $105,000 from about $30,000 currently.

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