Home
/ Insights
Crypto Newsfeed
Master
reply

Bitcoin struggles under $100,000 amid support risks

Bitcoin is currently unable to firm its position above the $100,000 mark, encountering steady downward pressure. It hovers around a crucial support zone at $90,000. The failure to break this resistance might initiate further decreases, potentially moving towards the $80,000 level.

Although a bearish phase persists, significant selling by long-term holders isn’t evident. The SOPR metric suggests ongoing substantial profits though not at a peak. This holding trend indicates potential for price upticks, despite immediate bearish indicators present in the market.

This is community-generated content, not advice from ONUS.
1
heart
reply
share
 
send
ONUS
ONUS
Trusted by
4 Million +
Users
Sign up receive 10$
Trending coin
Top gainers
Price Prediction
How to buy
Research