Seems like BTC just hit the resistance level at 110K
Are we going to see BTC breaking 120K level sooner?
How fast can it reach and what is everyone thinking of?
Are you greedy or what? You said it, Bitcoin just hit $110k, and you instantly want to know when it will hit $120k. Where is the fire? This is second time during one week when Bitcoin surpasses $110k mark. Imo it needs first to settle on that level, become strong, holders and traders must get used to that price before going further. But you want price to go further and soon. After Bitcoin reaches $120k, you will ask when $130k?
Yeah, we need to calm down and get stable here first before we start thinking about going higher. But hat is only because it didn't reach those high levels already, that could have done too. We have seen it go up 20% before, in a single day, bitcoin has done that multiple times, which means we are not going to really see a bad situation at the moment, we can see it do fine and not be bothered by it.
I am sure that we are going to see the price be a lot better, we just need to wait for it. If it did move, then it could have moved from 103k levels to 120k levels in a single day, at that moment I wouldn't be shocked because I have seen it happen before and I would be fine with such a thing yet again, just not this much.