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Bitcoin at $103K, Where to from here?
just spotted Bitcoin hovering around $103K today, up from a $98K dip yesterday amid geopolitical jitters. Looks like it’s carving out a descending channel, with support around $100K and resistance near $107K–$108K but here is the question : Do you think $100K is safe ground or are we flashing back to the $92K zone? A dip below $99K could open the gates to deeper pullbacks. On the flip side, a breakout through $107K might send us toward $112K–$120K in the next few days And with some analysts eyeing $120K+ thanks to continued institutional inflows and whale buying, could June end on a surprise high? submitted by /u/PlatformPatient6225 [link] [comments]
| | just spotted Bitcoin hovering around $103K today, up from a $98K dip yesterday amid geopolitical jitters. Looks like it’s carving out a descending channel, with support around $100K and resistance near $107K–$108K but here is the question : Do you think $100K is safe ground or are we flashing back to the $92K zone? A dip below $99K could open the gates to deeper pullbacks. On the flip side, a breakout through $107K might send us toward $112K–$120K in the next few days And with some analysts eyeing $120K+ thanks to continued institutional inflows and whale buying, could June end on a surprise high? [link] [comments] |
![[link]](https://i.redd.it/0auuzk1pjq8f1.png){kind=link}