Bitcoin price inches closer to $100,000 where market participants have built $300 million in sell walls. Will BTC clear the $100K hurdle?
Bitcoin (BTC) price is nipping at the heel of the $100,000, but repeat rejections near the level continue to occur.
Let’s briefly investigate why, along with traders expecations of what Bitcoin price may do once the $100,000 milestone is achieved.
Looking at the daily chart for BTC/USD at Coinbase, a thick wall of sell orders are present at $100,000, and also at $103,000.
