Post
Topic
Board Bitcoin Discussion
Re: The direct reason why Bitcoin cannot exceed $100,000
by
Hedyan
on 01/12/2024, 18:33:23 UTC
I've seen how automatic sell orders can really move the market, especially when there's a big target like $100,000. It’s kind of like a chain reaction—the more people see that target, the more they pile in, which drives the price up. But at the same time, if the market can't handle all the demand for those orders, it can cause a correction. It’s interesting how something like that can fuel momentum, but also create that tipping point where the price could fall back down.