Bitcoin Approaching $100K, But Upcoming Pullback Could Provide a Perfect Opportunity to Buy

Quick Summary:

Once Bitcoin crosses the $100,000 threshold, it could lead to massive “FOMO” (fear of missing out) as more people jump into the market.

While Bitcoin is consolidating, some altcoins have been performing well today, though they saw some selling pressure as Bitcoin dipped slightly.

However, if Bitcoin breaks below these supports, a deeper pullback toward $85,000 could occur, signaling the start of a correction.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: News Bitcoin Price Analysis Cryptocurrency Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 12:24:43 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 327 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23657890

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Main Topics: Crypto

Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 8 hours ago

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