Nov '24 • General discussion
The longer bitcoin takes to hit $100,000, the better it is for other crypto
If Bitcoin keeps resisting at $100,000, investors could see a gradual rotation from Bitcoin to smaller-cap cryptocurrencies. Based on options-market data, traders are positioned for bitcoin to break above $100,000 in December, according to Greg Magadini, director of derivatives at Amberdata.
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The longer bitcoin takes to hit $100,000, the better it is for other crypto
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