Will Bitcoin Slide Below $100,000 As U.S.-Iran Tensions Escalate?
The post Will Bitcoin Slide Below $100,000 As U.S.-Iran Tensions Intensify? Bitcoin already slid lower on Saturday, throughout which rate slid as low as $100,945, which was its least expensive cost point during the week. Unanticipated Bitcoin Sell Pressure Sets Off Spike in Liquidations There were heavy expectations of a Bitcoin bounce back near $104,000 and this may have motivated numerous financiers to carry out long positions.
Earlier this week, the prospects of Bitcoin bouncing back from the $104,000 price level were rather high. Bitcoin already moved lower on Saturday, throughout which cost slid as low as $100,945, which was its lowest price point during the week. Unexpected Bitcoin Sell Pressure Triggers Spike in Liquidations There were heavy expectations of a Bitcoin bounce back near $104,000 and this may have encouraged lots of investors to carry out long positions.
Earlier this week, the prospects of Bitcoin bouncing back from the $104,000 rate level were quite high. Bitcoin already slid lower on Saturday, throughout which price slid as low as $100,945, which was its most affordable rate point during the week. Unanticipated Bitcoin Offer Pressure Sets Off Spike in Liquidations There were heavy expectations of a Bitcoin bounce back near $104,000 and this may have encouraged numerous investors to execute long positions. Aggressive buying from the institutional class could potentially allow Bitcoin to stick its neck above $100,000. Remarkably, Bitcoin exchange reserves have actually been cooling down strongly but recently leveled out, validating a clear effect on market sentiment.
