It has broken the ceiling of 112,300 and now what?
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asaph1
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Goodbye to Millions? Bitcoin Fights Not to Die in the Attempt. ⚰️
Attention, folks! Bitcoin is on a tightrope, and things are getting spicy. After an attempt to rise, the digital currency hit a wall at $113,200 and, from there, the bulls (buyers) lost control. The wave now is that the price is below $111,500 and, if it doesn't cling to the support line of $111,000, the drop could be terrifying. 😱
What does this mean in Spanish? Well, those who are betting on Bitcoin are sweating cold. The news talks about a key resistance at $112,300 and if that ceiling is not broken, the price could drop again. Experts are looking at support levels at $110,800 and even $110,200. If things get ugly, it could reach up to $108,800 or, in the worst-case scenario, to $107,500. That would trigger a massive drop that would leave more than one trembling. 😥
What does this mean in Spanish? Well, those who are betting on Bitcoin are sweating cold. The news talks about a key resistance at $112,300 and if that ceiling is not broken, the price could drop again. Experts are looking at support levels at $110,800 and even $110,200. If things get ugly, it could reach up to $108,800 or, in the worst-case scenario, to $107,500. That would trigger a massive drop that would leave more than one trembling. 😥
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