CandleFocus

Top Analysts Say Those Planning to Sell Bitcoin at $100K Will Regret It

Top analysts are warning that individuals who plan to sell Bitcoin at $100,000 may regret their decision as they predict that the asset will surpass this milestone and continue to rise. Bitcoin has been holding steady in the $90,000 range for the past 12 days, with traders eagerly awaiting its entry into the $100,000 range. The asset came close to reaching $100,000 last week but faced significant resistance at that level, leading some traders to believe that selling at $100,000 would be a good idea. However, market commentators like Rekt Capital express confidence that Bitcoin will ultimately break through $100,000, and those who sell now may regret their decision in the future. Other market participants share this sentiment, with some stating that $100,000 is a magnet and will soon be surpassed. Bitcoin bull Michael Saylor's MicroStrategy has recently acquired 55,500 BTC at an average cost of $97,862, further confirming the belief in higher targets for the asset.

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