Whale James Wynn: BTC has a huge psychological support level at $100,000, with a large number of limit orders at $97,000 to $99,000.

[Whale James Wynn: BTC has a huge psychological support level at $100,000, and there are a large number of limit orders at $9.7-$99,000] Whale James Wynn posted on the X platform that since the local bottom of $74,000, Bitcoin has remained in the risk channel, only hitting the bottom twice and becoming a support level, after predicting a breakout last Sunday, but the result was a fake move by market manipulators, who suppressed the price and drove it down to liquidate all investors who went long because of FOMO. Bitcoin now has a huge psychological support level of $100,000, and there are huge limit orders at $9.7-99,000, and it is not known whether those large market participants will have the ability to drive the price down to this level, they seem to be exhausted. It is believed that the trading price will reach $118,000 at the end of next week, and there will be more volatility in the meantime, but stay calm, don’t rummage through your wallet, follow proper risk management, and look forward to new highs.

BTC-5.18%
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