🚀Bitcoin Nears $100K: Breaking the Barrier Is Just a Matter of Time 🚀

Bitcoin ($BTC ) is edging closer to the long-anticipated $100,000 milestone, but repeated rejections at this level have kept traders on edge.

📊 Key Market Dynamics

1️⃣ Massive Sell Walls at $100K
🔹 Market participants have built $300M in sell orders at $100K and $103K, as revealed by Bitcoin’s daily order book on Coinbase.
🔹 Analyst Skew noted that while limit bids are moving up, there’s still substantial spot supply near $100K.

2️⃣ Dip-Buying Opportunities
🔹 With spot Bitcoin ETFs inactive over the weekend, analysts like Material Indicators suggest we may see dip-buying moments as sell walls thin.

3️⃣ Leverage Liquidations Loom
🔹 CoinGlass liquidation maps show a critical pressure zone at $99,500, with a bulk of highly leveraged short positions at risk of liquidation.
🔹 A strong push from perpetual futures or spot markets could easily clear these levels.

💬 Your Thoughts?
🌐 Will Bitcoin smash through $100K, or will sell walls hold strong?

📈 Let us know your price predictions below!

#Bitcoin #BTCAnalysis #BTCBreaks100K? #BTC100KToday?

Bitcoin 100k today?