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FalconX: Bitcoin market sellers tend to intensify, may consolidate near $100,000
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2024-11-25 15:32:01 1,952
Golden Finance reported that David, director of research at cryptocurrency prime broker FalconX Lawant said: "As the price approaches the $100,000 mark, the seller bias intensifies, which means that it is likely to consolidate around this level ($100,000) in the short term before sustaining a break above this level." Market level, trading Members have seized on the prospect of U.S. cryptocurrencies pushing Bitcoin to the brink of $100,000, a symbolic level for cryptocurrency supporters to refute skeptics who argue that the digital asset has little intrinsic value.
Keywords: Bitcoin
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