Post
Topic
Board Speculation
Re: Bitcoin unable to fall below $107000
by
Zigabel
on 02/09/2025, 15:17:33 UTC
Five days ago, bitcoin was unable to fall below $107430. Four days ago, bitcoin did not fall below $107300. Two days ago, bitcoin support stayed at $107200.

Now it is showing like bitcoin price may increase and not fall less than $107000. What do yu think about this? Will bitcoin price increase or not?

Bitcoin price right now is $110400.
Bitcoin has been struggling to go above the $100k bench mark, i suspect a strong resistance at that point which is stopping it from falling below. the anticipation now is an up ward move because it has fallen the most in the last past few days, honestly i do not want to see bitcoin fall to any where around the $100k or below because for me that is quiet a really huge loss for the many who bought at over $110k months ago and for those DCAing, it is going to be a really distorting one for them.

this one time i will advice no one trades but should just try sticking by HODLing till the market gets bullish again but for now you can choose to rather buy the deep but if you must, make sure its DCA you are doing to buy in new position, that way you are able to stay safe at even with the inconsistencies of the market.