Bitcoin Price Prediction: As BTC Flirts With $100K, Experts Say Consider This Best Crypto Wallet ICO For Supercharged Gains
The Bitcoin price jumped over 2% in the last 24 hours to trade at $99,0044.08 as of 6:16 a.m. EST. The BTC price was able to breach the $100,000 barrier in the last 24 hours to soar to as high as $100,781.59. It has since retraced back below the psychological level, but is still up more than 5% on the 7-day time frame. Bitcoin Price Hovering Near The $100K Mark 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price is trying to flip the resistance level at $100,000 back into support as it trades in a positive price channel. Should the leading crypto manage to close a 4-hour candle above this technical barrier within the next 12 hours, BTC could continue to climb and rise to $102,674.45 in the short term. However, a rejection from the $100,000 resistance level could stop the Bitcoin price in its tracks and invalidate the bullish thesis. Traders might start to enter into a short position in the crypto in this alternative scenario. BTC could then end up testing the $97,...