As BTC approaches the significant $100K milestone, closely monitoring demand is needed to assess whether the bullish trend remains strong.
The $100K level represents a major psychological target for investors, requiring sustained demand to break through and hold above this threshold.
For now, demand shows no signs of weakness. On the contrary, it continues to grow steadily, which is a good signal for the market's momentum.
However, it’s crucial to monitor whether demand remains stable or continues to grow. A sharp decline could indicate a potential trend reversal and a shift in investor sentiment, with sellers regaining control of the market.
Written by Darkfost
