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bitcoin struggles to break 100000 as profit taking and selling pressure rise

Bitcoin's ascent towards the $100,000 mark has stalled, trading around $98,243.25 after a significant rally post-U.S. elections. Analysts attribute this pause to profit-taking by long-term holders and a recent surge in selling pressure, while some anticipate a potential correction amid high leverage in the market. Despite these challenges, there remains optimism for future gains, bolstered by a tightening supply and ongoing pro-crypto sentiment from political figures.
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Galaxy Digital Deutsche Bank Aktiengesellschaft MicroStrategy Incorporated Gary Gensler Marion Laboure Donald Trump Andre Dragosch David L. Morrison Show more
Finance & Economy, Market Report
14:23 25.11.2024
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