Get ready for some crypto fireworks! ๐ Bitcoin is just a hop, skip, and a jump away from reclaiming the almighty $100,000 throne! ๐ฐ
Currently prancing around at $98,407 (according to CoinGecko’s trusty data), Bitcoin soared to an intraday high of $98,504 on Thursday. What a show-off! ๐
Now, it’s all about breaking through that horizontal resistance like a hot knife through butter! ๐ช
๐จ Crypto alert:
[#BTCUSDT] Near Horizontal Resistance (1h)โ 100eyes Crypto Scanner ๐ (@100eyesCrypto) February 20, 2025
Those bulls have been trying (and retrying) to crack the $98,000 nut for a couple of weeks now. But hey, good things come to those who wait, right? ๐ฎ
Bitcoin hasn’t graced us with its presence above $100,000 since Feb. 7, leaving some folks wondering if the crypto party’s already over. Pfft, don’t be ridiculous! ๐ฅณ
Remember, Bitcoin peaked at a record-breaking $109,356 on Jan. 20 on the Bitstamp exchange. Sure, it’s had a bit of a tummyache since then with a 16% haircut, but who hasn’t? ๐ค
As U.Today reported, banking behemoth JPMorgan recently predicted a significant correction due to waning demand for CME futures. Yawn. We’re not worried! ๐ค
“$100K and the party starts”
But why be negative, right? Some experts are downright giddy! Famed pseudonymous trader DonAlt thinks a massive rally might ignite once Bitcoin soars past $100,000. But he’s also warned not to pop the champagne just yet. ๐พ
And let’s not forget about popular trader Bob Loukas, who’s predicted that Bitcoin will soon leave the five-digit territory behind. According to him, there’s “no reason to doubt” the market since it seems “primed for a major advance.” ๐
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2025-02-20 23:26