$BTC Buy or sell: analysts diverge on whether Bitcoin will rise to $110,000 or fall to $90,000

Investopedia predicts a rise to $110,000 if support holds. Sasha sees a return to accumulation and potential for a new rally, while Samyukhtha warns of reversal risk and a resistance zone.

Tether announced on Tuesday, the 13th, that it purchased more than 4,812 Bitcoins for $458 million. This acquisition, made at an average price of $95,300 per Bitcoin, is part of Tether's strategy ahead of the launch of its new Bitcoin treasury company, Twenty One, in collaboration with Jack Mallers.

The announcement brought a new high of 3% for BTC, which rose to $104,000 with bulls nearly touching the resistance of $105,000. However, while some analysts point to a possible upward movement towards $110,000, others believe that a profit-taking movement will bring the cryptocurrency back down to the $90,000 level.