A crypto analyst reiterates that “some of these” Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking. Bitcoiners who have held their coins for over 155 days aren’t all holding out for a six-figure price tag, with some happily taking profits once Bitcoin surpassed $90,000, according to a crypto…
Read more
Bitcoin hit $90,000, but holding it is proving to be a challenge. Godleak explains why. Bitcoin price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why. On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these asks, the selling…
Read more
