Cryptocurrency expert Carol Alexander believes that Bitcoin will reach $100,000 despite its occasional sharp price fluctuations. She explains that these fluctuations are typical for Bitcoin due to its highly leveraged trading environment. The recent liquidations of long positions have not affected the overall leverage ratio, indicating ongoing trader activity. Alexander highlights $92,000 as a critical support level for Bitcoin and suggests that if it falls below this, it may delay reaching $100,000 unless a major political or market event aligns with the turning point. However, she speculates that Bitcoin could reach $100,000 by the time of the presidential inauguration on January 20.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-11-27
Prominent Professor Predicted When the $100,000 Level Will Come in Bitcoin