Bitcoin Traders Anticipate Larger Correction as Price Approaches Sub 100K Levels
Bitcoin remains around the 105,000 dollar mark, but traders are looking out for signals of a larger price correction soon. The struggle for bullish momentum poses challenges as the price nears critical resistance levels. While traders remain optimistic about Bitcoin’s long-term growth, concerns linger over how the market will respond if prices dip below the 100,000 dollar mark. This precarious position could yield buying opportunities for potential investors or prompt further caution among existing holders. Overall, the trader sentiment is mixed, reflecting a sense of uncertainty as Bitcoin navigates this critical phase. The outcome of this delicate balancing act could significantly impact the broader cryptocurrency market’s trajectory.