Bitcoin is experiencing resistance at the $100K level due to a significant sell-off by long-term holders, who have dumped over 827,000 BTC in the past month. Despite institutional buying from companies like MicroStrategy and Bitcoin ETFs, investors should keep an eye on the increased selling pressure from long-term holders.
- Content Editor ( coingape.com )
- 2024-12-09
Where is Bitcoin Price Heading Next: $110K or $90K?