Bitcoin Wants to Explore Higher, But Selling Pressure Above 100K Prevents It

in crypto •  13 days ago 

Bitcoin Wants to Explore Higher, But Selling Pressure Above 100K Prevents It

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Bitcoin is currently trading at $100,096. Bitcoin is struggling to stay above $100K, increasing selling pressure above 100K is pushing it below 100K, but on the other hand, whales who want to buy more BTC below 100K are pushing it above 100K.

There is really a big fight around $100K. The Bears are fighting to push BTC down while the Bulls are not allowing it, but I think the Bulls will win eventually and especially if Bitcoin manages to create price supports above $100K, I think it could exceed $120,000 by the end of the year. We'll wait and see.

This is not investment advice, please do your own research before investing.

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13 days ago by

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