Post
Topic
Board Speculation
Re: How to play the 100K bitcoin price, when it seems most people want 100K to sell?
by
Helena Yu
on 30/11/2024, 05:39:08 UTC
Maybe sell before we hit 100k?
Can you enlighten what's the point to sell before it hit $100K? it sounds stupid for me because you're sure Bitcoin will hit $100K, but you want to sell it below $100K without any reason.

I'm not sure "everyone" wants to sell at $100k though and actually not everyone sold at $99,500.
Not everyone wants to sell at $100K, but most people will sell at $100K. There are 800 Bitcoins that people want to sell in Binance, we still didn't count Coinbase, Bybit, Kucoin etc. So, people are not only just celebrating when Bitcoin price hit six figure, but that's also an exit point for some people. 


https://www.binance.com/en/trade/BTC_USDT?type=spot