Bitcoin has surpassed the $100,000 threshold for the first time, propelled by anticipations of a regulatory landscape favorable to cryptocurrencies under the forthcoming presidency of Donald Trump. This achievement marks a significant milestone for the digital currency; however, Nigel Green, CEO of deVere Group, a prominent financial advisory and fintech firm, anticipates a brief period of selling before Bitcoin ascends further to reach $120,000 in the first quarter of 2025.