Post
Topic
Board Speculation
Re: How to play the 100K bitcoin price, when it seems most people want 100K to sell?
by
taufik123
on 30/11/2024, 20:06:57 UTC
If you need money at this moment, then $97k is a pretty good price to sell, don't buy the unit bias. You're only 3% below $100k.
Just think realistically, and selling at $97k doesn't have a huge profit gap.
But some people will sometimes just wait for $100k to be reached to sell it, they like even numbers and a $100k target so the point where the next bullish will arrive.

But again, if you don't need anything, you don't have to return to fiat currency...
some people or traders don't just want to go back to Fiat, but they or traders are just taking advantage of Bitcoin's price fluctuations this time around to double their Bitcoin holdings. Scalping methods are used to multiply their bitcoins, as the price of bitcoins goes up and down quite quickly