Bloomberg published an analysis, or influenced by Paul Atkins may become the new chairperson of the US SEC, Bitcoin climbed 6% on Wednesday to reach $97,361. Ethereum rose more than 10% in the day, and analysts expect BTC to break through $100,000 in the short term: Jake Ostrovskis, an analyst at Wintermute over the counter, said: "The market is in a price discovery phase and the decline over the past few days looks like a healthy pullback, likely driven by profit taking, with traders believing that the $100,000 level is likely to be breached." Nikolay Karpenko, director of B2C2, pointed out that Bitcoin's decline earlier this week was tactical, and Bitcoin is likely to break through the $100,000 soon.