BTC/USD: Tests the 100K Area
From dailyforex.com
I'm watching Bitcoin struggle around the $100,000 level, a key psychological point. The market remains volatile, lacking momentum, with possible targets at $108,000 on the upside or $92,000 if the breakdown continues. I think this is a pretty big test for Bitcoin because $100,000 will attract a lot of attention as traders typically respond to these large, round, psychologically significant figures. At this point, the consolidation is still being held, but what is worth noticing is that the last couple of days have seen an attempt to take off to the upside, but it just can’t quite make it happen. If we can break above ...
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