Bitcoin's value is projected to continue rising into 2024, possibly reaching $100,000.

Bitcoin has more than doubled in value since 2022 and increased over 150% in 2023.

Bitcoin's upcoming fourth halving, which reduces supply growth rate, is expected to put upward pressure on the price.

A supply shortage with fewer coins on the market than during the previous halving could also drive the price up.

The approval of the first spot Bitcoin exchange-traded fund and technological innovations like Layer-2 solutions contribute to a positive outlook.

Overall, the probability of Bitcoin reaching or surpassing $100,000 is high.