CRYPTO PRICE DOWN ↘️↘️ 100K Effect
Another aspect that plays an important role is the importance of the $100,000 level.
👌 It’s a very, very important level.
In fact, the $100k level is the point from where accelerated moves start, in both directions.
⛓️💥 While BTC was rising, well above $100k, it is fair to expect that market volatility will result in the opposite effect.
🤔 Whatever happens around important levels is amplified – both a BTC price rise and a Bitcoin price drop are both strong around a critical level like $100k.
✅ It will take a little longer before BTC takes out $100k. That’s not a bad thing though, as the recent rally was a little too steep and obvious, leaving too many bulls in the arena; that’s not a recipe for a sustained move high.
BTC will hit 100K Again ? #MarketPullback $BTC