
29/11/2024
BTC price: $100K 'in sight' as open interest reset boosts Bitcoin bulls
BTC price tipped for “stab at” $100,000
Data from Cointelegraph Markets Pro and TradingView recorded solid BTC price performance, with BTC/USD reaching $97,539 on Bitstamp.
Bitcoin
BTC
tickers down
$97,302
continued a comeback from $90,800 seen days prior, and its ongoing resilience returned calls for an attack on $100,000 to come soon.
For commentator Byzantine General, lower open interest (OI) levels on exchanges furthered the short-term bull case.
“Open interest reset, support held up. Looks to me like we’re gonna take out the local highs and potentially take a stab at piercing 100k,” he wrote in a post on X.