Why Bitcoin May Not Hit $100K
Why Bitcoin May Not Hit 100K ⚠️😢
Bitcoin’s journey to 100K is facing major roadblocks. Here’s why:
Massive Sell Orders:
A significant number of sell orders are stacked near the 100K mark, creating heavy resistance. With fewer buyers in the market, breaking through this level seems unlikely.
Trader Fatigue:
Bitcoin has been stuck between
97K and 99K for several days. Frustrated long traders are starting to exit their positions, adding to the selling pressure.
Potential Dip Incoming:
This selling activity could push Bitcoin’s price down to 95K or even 90K before any attempt to reach 100K is made.
While 100K remains a psychological target, current market dynamics suggest it may take longer than anticipated to get there. Stay cautious.
BTCUSDT.P
Bitcoin’s journey to 100K is facing major roadblocks. Here’s why:
Massive Sell Orders:
A significant number of sell orders are stacked near the 100K mark, creating heavy resistance. With fewer buyers in the market, breaking through this level seems unlikely.
Trader Fatigue:
Bitcoin has been stuck between
97K and 99K for several days. Frustrated long traders are starting to exit their positions, adding to the selling pressure.Potential Dip Incoming:
This selling activity could push Bitcoin’s price down to 95K or even 90K before any attempt to reach 100K is made.
While 100K remains a psychological target, current market dynamics suggest it may take longer than anticipated to get there. Stay cautious.
BTCUSDT.P 
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