How do you know if there is going to be resistance at $100k or not?
Many individuals have already started confining themselves to the matter $100K that's it's becoming a psychological level to them.
I still don't understand how people would dream too small
Buying Bitcoin around $60K and selling at $100K is not profit to me
You can't compare it with individuals that bought for $16K and still holding.
Funny that getting to $100K,Bitcoin would use the money of those that shorted at 100K to shoot higher.
Honestly I thought by now we would be having Bitcoin price at $100k before the halving period but it seems to be on a slow mo and no rush, investors are currently looking for the right time to smile to the bank but waiting till it gets to $100k is still a win win and a better profit.
No time is too late to start investing even though the price is taking it's time to go back to $70k, those holding can still hold because Bitcoin price is heading to a positive way that would some how hit $80k before the end of this month but can the high transaction fee be an obstacle to withdraw when Bitcoin price is right on track like to a $100k+? Because I see it as a means of slowing down business if it continues.
If you holding I see no reason why you would want to withdraw and be affected by the fee.
I will only consider if you planning to move from your CEX to a secured wallet for further keeping.
$100K shouldn't be the goal is too small
With 40% increase Bitcoin would cross it.
TBH Bitcoin beating it's all time high before the halving was outside my expectations,so am surprised people believed it would hit $100K before the halving.
Don't forget that it rose from around $15800 to $73K that's almost 500% and quite impressive in my book.
so I believe that cryptocurrency and mostly bitcoin can not do without investors,
Don't forget Bitcoin is more than an investment asset.It might look more like one doesn't mean it's it core value.