EXCLUSIVE: Bitcoin To End The Year Above $100,000? ‘Bulls Failed Again’ At This Key Level, Experts Say
Bitcoin (CRYPTO: BTC) faces mounting pressure to hold above the critical $100,000 mark, with market participants divided over whether the cryptocurrency will sustain its momentum or retreat further before year-end.
Following a sharp liquidation cascade, where over $1.58 billion was wiped out, Bitcoin is currently trading at $97,620, down 1% in the past 24 hours, according to data from CoinGecko.
The pullback saw Bitcoin dip as low as $94,725 during late European trading hours.
Market Analysts Weigh In On BTC’s Path Forward
Alex Kuptsikevich, chief market analyst at FxPro, pointed to another failed attempt by Bitcoin to consolidate above $100,000 as a pivotal moment.
“The bulls once again failed to consolidate above $100,000, triggering an impressive sell-off that bottomed at $94,000,” he noted.
Despite the setback, Kuptsikevich remains optimistic about Bitcoin’s trajectory, stating, “We still …
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