Bitcoin offers strength signs by gathering in $ 100,000. Which altcoins will follow?
The failure of the bears in the sinking of Bitcoin (BTC) is less than $ 93,000, attracting buyers who paid the price near 99,500 dollars on February 21. The bulls will try to enhance their position by paying the price above $ 100,000. If they do it, Bitcoin may move towards its highest levels ever.
When the price stabilizes within a well -specific range, traders buy near support and sell near the resistance. Therefore, buyers may find it difficult to pay the price above the highest level ever at 109,588 dollars.
There is a need for great pressure to buy or sell to pay the price outside the range, which usually requires operation. Until this happens, the price may continue in the volatile indiscriminate random procedure within the range.
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