Up or down?
Please share your opinion.
I personally thought it might well dip to about 97.5K before the next leg up.
Why do you think?
Bitcoin has stayed below $100K for a very long time before it finally broke that zone and headed above $100K which also had the market go all up to $110K. About your question, I don’t think the market will dip to that price now. Correction may happen and we get to see the market trading almost close to $100K again but I don’t anticipate it going below $100K for now. It would be stopped by some support zone close to $100K which won’t allow it to break below $100K for another time. The peak of the bull run is why we’re aspiring for but will only happen seeing the support and resistance zone bitcoin will maintain for a period of time.