$BTC Today, we will talk a little about bitcoin
While it is experiencing an upward trend these days, its price fluctuations do not allow for significant short-term profits.
After surpassing the resistance of 95,000, some optimistic experts believe that its price could break the 100,000 mark.
While the support level (in case of a decline) could be between 88,000 and 85,000,
Among the main reasons for this increase:
- Suspension of Trump’s tariffs
- Availability of btc trading on global exchanges for traditional traders
- Buying movement of btc by institutions to establish a stock of this currency, as a reliable alternative.
In conclusion, traditional currencies remain more reliable even if they do not allow for quick gains, especially for traders with small capital.