Insiders: Bitcoin's failure to break through $100,000 is just a temporary episode
ChainCatcher message, author of the newsletter "Crypto is Macro now" Noelle Acheson stated that the difficulty in breaking through $100,000 may lead traders to believe that the peak has been reached and that profits should be locked in now, but any such episode should be "short-lived."
Since Trump's victory in the U.S. presidential election, Bitcoin has seen a decline this week, following the failed attempt to hit $100,000, and the speculative frenzy in the cryptocurrency market seems to be starting to cool down.
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