#BTCBreaks99K
If $BTC manages to consolidate above $99,000, it could head towards $103,000 – $105,000. However, the selling pressure around $100,000 could cause temporary pullbacks.
Potential Risks
Increased Leverage: The volume of leveraged trading has increased significantly, which could amplify volatility and trigger liquidations in the event of adverse movements.
Market Sentiment: Indicators such as the negative premium on Coinbase suggest growing caution among U.S. investors, which could limit short-term bullish momentum.