Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.
Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?
Maybe just hold?
I am not certain with this thought of everyone wanting to sell at $100K but I think $100K has been an excited value which holders has much been anticipating if the market could be possible to reach in a close time.
It is just a speculation which individuals could even have a thought to change their plans in the future probably to extend their holding during when they finally lands at the anticipating value such as the $100K? You can ask but why? Simply because a lot may be holding for retirement purposes while some have foreseen than the potential volatility marker price is capable of producing more increase in a short or long time, so they would either extend compromise to sell and just keep holding.
This practice is usually when we have alternatives source of earning that is capable to Carter our immediate needs.
So whoever that wants to sell might not really be able to hold on il then when choked with what to do with funds that the only option is to sell their Bitcoin.
Moreover, $100K is not so an exciting figure at now because it is certain that while we hope to vent into the bull-run by 2025, a value rate of $150K-$180K ATH is a craving for holders before they could sell.
Funny enough, a lot would sell before then , some will sell at then and some would extend their holding duration.
Maybe you can have a look and think about this thread (
Buy Buy Buy or Sell Sell Sell? then you will understand that there is no definite amount of value investors would all kick out from the market at the selling of their holding in same time