The Bitcoin price has suffered a violent rejection after hitting the $110,000 level, showing a clear intention of the bears to keep the digital asset from hitting new all-time highs. So far, the rejections from $110,000 have been swift and have put the bears back in control. This has given credence to calls that the Bitcoin price will fall back below the psychological level of $100,000, something that could trigger another wave of declines in the crypto market.
Bitcoin Rejection At $110,000 Part Of The Plan?
The Bitcoin price rejection has no doubt triggered a wave of panic among investors, many of whom believe that this is the end of the cycle. However, a crypto analyst has suggested that the pullback is part of the
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!