Bitcoin nears $100K, but will BTC’s sell pressure pose challenges?

Quick Summary:

Bitcoin has been quietly approaching the $100k mark, but troubles still remain.

In the meantime, Ali Martinez, a popular crypto analyst, posted a tweet, advising that investors should sell 25% of their BTC holdings once the coin touches $173K-$200K.

These coins were valued at more than $6 billion, indicating a significant push to BTC’s buying pressure.

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Article Details

Author / Journalist: Dipayan Mitra

Category: Crypto

Markets: United States

Topics: Social Trading View Bitcoin Ambcrypto News 1 BTC Trading View News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 10:00:37 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23791077

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 16 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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