$90m-daily-what-would-it-mean-to-sustain-bitcoin-price-at-100-000

in #btc2 years ago

370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNDNmOWY5ZjMzYTI0YjZjYTk0MTliNzdlYTk3M2M2NS5qcGc=.jpg

The absorption of $90 million in daily selling pressure would sustain BTC at $100,000, but not lead to an upsurge to that point. For Bitcoin to hit $100,000, it would need to achieve a market capitalization of $2.1 trillion

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