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Bitcoin nearly hits £100,000: what it means for investors

Bitcoin Climbs Toward £100K | Users React and Speculate on Future

By

Michael Chen

Oct 5, 2025, 11:11 AM

Edited By

Sophie Chang

Updated

Oct 5, 2025, 05:09 PM

Instant read

A visual representation of Bitcoin nearing £100,000, with a graph showing an upward trend and the Bitcoin symbol prominently displayed.

Bitcoin is nearing £100,000, igniting strong reactions among people on various forums. As excitement builds, many Britons share their views on price reporting and trading opportunities.

The Buzz Around Bitcoin's Rise

As Bitcoin approaches this significant threshold, there's much chatter online. Some folks express eagerness, saying, "Please do, chaps, we’ve been waiting everso long," while others critique the price reporting methods.

Mixed Feelings About Price Reporting

A heated debate surrounds the use of currency symbols. Many insist that prices should be displayed in pounds, reflecting local sentiment. One commenter said, "$100k GBP, yes you belong here," as frustrations continue to mount over referencing the dollar instead of the pound. Another contributor urged, "You could just not use any symbol. 100k pound sterling and 100k GBP is right."

Speculation and Trading Dynamics

Speculation about Bitcoin's future price remains rampant. Comments suggest that if Bitcoin reaches £100k, a surge to £135,000 could follow. A user joked, "Any buyers? Now's the time to buy high and sell low!" This marks an interesting twist in user sentiment as optimism and humor mingle.

"It’s amazing seeing it at this price," a user shared, echoing excitement felt by many.

The Impact of Upcoming Trading Regulations

The upcoming trading of Exchange-Traded Notes (ETNs) set for October 8 could influence market dynamics. With many anticipating that this will affect Bitcoin’s trajectory, analysts suggest a possible 70% chance of breaching the £100,000 mark in the near future.

Key Insights

  • 🚀 Bitcoin is nearing £100K, stirring anticipation among traders.

  • 💭 Mixed sentiments regarding currency symbols dominate discussions.

  • 📈 ETNs launching on October 8 may alter trading landscapes.

Contrasting views reflect a blend of hope and frustration, highlighting the evolving nature of the cryptocurrency market. Could this be a pivotal moment for traders in the UK? Only time will reveal the full impact of these developments.