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Coinpedia
2024-11-24 01:59:47

Is Bitcoin Going to Crash After Hitting $100K?

Is Bitcoin Going to Crash After Hitting $100K?

The post Is Bitcoin Going to Crash After Hitting $100K? appeared first on Coinpedia Fintech News Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction. Despite the risks, …

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