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Traders Split as Bitcoin Price Flirts With $100K Threshold

Traders Split as Bitcoin Price Flirts With $100K Threshold


Coin Edition
2024-12-07 07:50:00
Traders Split as Bitcoin Price Flirts With $100K Threshold

Crypto Kaleo asked investors to buy Bitcoin after a major correction. The analyst believes that BTC will hit $60,000 post this correction. Bitcoin RSI reads above 66 which shows that bulls are still in control. Market-leading digital asset Bitcoin (BTC) fell below $100,000 again after claiming a high of $102,039.88 in the past 24 hours. This market uncertainty led prominent trader, analyst, and co-founder of NFT project LedgArt, Crypto Kaleo, to advise investors not to buy BTC out of FOMO (fear of missing out). In a post on X (formerly Twitter), Crypto Kaleo noted that despite BTC soaring to $100,000 and crypto market participants and “experts” urging investors to buy more BTC at the current price of $99,617.06, a correction is likely. The analyst asked investors to wait for the correction, during which he expects BTC to fall to the $60,000 price level. Do not buy Bitcoin right now. Let me say that again: do *not* buy Bitcoin right now. The price has skyrocketed to $100,000, and the so-called "experts" screaming for you to jump in are nothing more than opportunistic predators, salivating at the chance to prey on your fear of… — K A L E O (@CryptoKaleo) D… The post Traders Split as Bitcoin Price Flirts With $100K Threshold appeared first on Coin Edition .

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