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Content
@
https://warpcast.com/~/channel/sense
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Steve pfp
Steve
@stevebeachy
Why is bitcoin stalled at $100k ? ๐Ÿค” When the Bitcoin ETFโ€™s were introduced in 2024 the price shot up rapidly from $45k to $72k. The next move was when bitcoin ripped from $72k to $100k where again we have stalled. Understand this : Bitcoinโ€™s price does not go up steadily, but instead goes in spurts. The majority of selling now is coming from wallets holding between 1k - 10k bitcoin. A $100k bitcoin is a huge psychological barrier to overcome. If you were a bitcoin early adopter and had been holding 1000 bitcoin for 12 years would you sell at $100k or would you be holding out for $120k ? Psychology says that $100k bitcoin is a really nice round number for an early adopter to take profit ! Fixed supply, soaring institutional demand, and a psychological dam at $100K. When that breaks? $100,000 to $125,000 overnight. Then $150,000 eventually. Maybe $200,000. The setup is there. The demand is real. And sellers are dwindling. The biggest question is, do you hold enough bitcoin ?
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Grum Reapur
@rumbl.eth
One of my buddies got in when they were like ยฃ40, he now lives on a yacht...I ponder whether he's taking profits under this
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Peter pfp
Peter
@petersonk
Great!!!๐Ÿ‘
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iStฮžvฮž ๐ŸŽฉ pfp
iStฮžvฮž ๐ŸŽฉ
@isteve.eth
Why hasn't ETH reached 3000 yet? ๐Ÿ˜‚
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Subhan Ahmad pfp
Subhan Ahmad
@subhanahmad
Btc ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ
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Shamim Hoon
@shamimarshad
I don't have Bitcoin
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Natalia๐ŸŽฉ๐Ÿ’œ pfp
Natalia๐ŸŽฉ๐Ÿ’œ
@tashacrypt.eth
right now is a really good price to buy bitcoin๐Ÿ˜Š๐Ÿซถ
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Ayesha Waqas
@ayeshawaqas
Good job
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Queen Maya ๐Ÿ…ฐ๏ธ pfp
Queen Maya ๐Ÿ…ฐ๏ธ
@queenmaya
I don't have bitcoin ๐Ÿ˜๐Ÿ˜
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Silver Queen pfp
Silver Queen
@sq567
Wow dear thatโ€™s some solid insight! ๐Ÿ“ˆ๐Ÿ’ฐ The $100K mark really is a psychological wall โ€” letโ€™s see who has the patience to hold! ๐Ÿง ๐Ÿ”ฅ
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Farmer1415
@abiodun12
A good highlight there, and the questions too. Working towards holding. Good morning friend ๐Ÿงก
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Alex45 pfp
Alex45
@sa45
Great info Steve! Now Bitcoin is going to be a bit more difficult. Because it has to cost 200k to do x2. Of course this is not the only factor in Bitcoin's growth and it can grow for other reasons.
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Ed Chereshnev pfp
Ed Chereshnev
@chesrus88.eth
I will never have enough $btc ๐Ÿ˜
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