š Bitcoin Nears $100K: Volatility Ahead? š
- Bitcoin recently rallied close to the $100,000 mark, peaking at $93,428. OKX's Haider Rafique warns of heightened volatility as profit-taking pressures mount.
- Long-term holders are cashing in, but institutional buyers like MicroStrategy are reducing liquidity, creating upward pressure.
- The market shows a slightly bearish sentiment, with more shorts than longs. As BTC nears $100K, expect dual-sided pressure: profit-taking vs. short liquidations.
- Dips may offer buying opportunities, echoing past trends. Manage risks and avoid panic selling!
š¬ Share your thoughts below!
