This article is about blockchain, trading, and technology news.
Bitcoin Taker Buy Volume on Binance suggests that Bitcoin could retest the $100,000 level as we approach the final days of 2024. According to CryptoQuant analyst Burrakesmeci, the metric has been making higher lows since October 28. This suggests increased investor interest and increased buying pressure.
Bitcoin has been trading below the $100,000 level since December 19. However, some crypto traders suggest that the current charts are forming a similar pattern to December 2023. This similarity is fueling speculation that Bitcoin’s historical price action could be repeated.
Do you think Bitcoin could hit $100,000 by the end of this year? Share your thoughts in the comments.