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Continuing to make history! Bitcoin once broke through $0.093 million, next step aiming for $0.1 million?
According to data from the derivatives exchange Deribit, call options are betting on bitcoin reaching 0.1 million dollars. There are constant optimistic voices in the market, but some industry insiders point out that a lot of good news has already been priced into bitcoin, and in addition, the surge in US bond yields is unfavorable for cryptos.
Express News | Glassnode: If bitcoin approaches $0.0949 million, it may highlight a slowdown in demand, prompting existing holders to increase selling pressure.
Express News | According to Glassnode, there is still running space for bitcoin's upward trend, but historical trajectories indicate a significant potential for a correction.
Bitcoin has first broken through the 0.093 million dollar mark! The price is still considered cheap?
Analysts indicate that once the market cap of bitcoin exceeds that of gold, reaching around $0.5 million, investors will realize this is a unique buying opportunity.
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