$100K Bitcoin On the Doorstep Again... With Minimal FOMO in Sight

πŸ“ˆ Bitcoin is once again on the brink, rebounding as high as $99,250 today. With whale accumulation continuing to look strong, the only factor holding back $100

5 Dis 2024Coincexpost

Bukan nasihat kewangan. DYOR.

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πŸ“ˆ Bitcoin is once again on the brink, rebounding as high as 99,250today.Withwhaleaccumulationcontinuingtolookstrong,theonlyfactorholdingback99,250 today. With whale accumulation continuing to look strong, the only factor holding back 100K BTC history being made is retail traders' excitement.

December has started with increasingly doubtful commentary and narratives, with many believing a major retrace was inevitable after the historic November sector growth. But as we are here on the doorstep of a six-figure market value again, the ratio of positive vs. negative comments across social media indicates mainly hesitance and uncertainty from traders.

With numerous indications over the years that crypto markets move the opposite direction of the crowd's expectations, we should feel encouraged by our fellow traders' FUD and high profit taking. There may be a bit more of a battle between bulls and bears at this level, but we could see the long awaited milestone come to fruition very shortly as long as key stakeholders continue their collection of more and more BTC. πŸ‘Œ


Not financial advice. DYOR.

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$100K Bitcoin On the Doorstep Again... With Minimal FOMO in Sight