Bitcoin could rise to the $110,000 mark if it manages to breach $98,000, resulting in more buyer demand for the world’s first cryptocurrency.
Bitcoin’s upside momentum from the so-called “Trump trade” may have come to an end until the world’s first cryptocurrency breaches the key $98,000 resistance.
The Bitcoin (BTC) price rejected the $96,000 level after four consecutive attempts before falling to $94,812 as of 11:39 am UTC on Dec. 3, Cointelegraph data shows.
BTC/USD, 1-day chart. Source: Cointelegraph
