Crypto analyst reveals why Bitcoin's $115,000 level could make or break your portfolio
Key Points
- Bitcoin peaked at $123,000 before struggling around the crit...
Bitcoin just did what Bitcoin does best: hit an all-time high of $123,000 in mid-July, then immediately gave everyone trust issues by wobbling around like a drunk person trying to find their car keys.
The $115,000 Line in the Sand
According to crypto analyst Burak Tamaç, Bitcoin is currently having an identity crisis around the $115,000 mark. His UTXO data analysis shows something fascinating: there's basically a ghost town of trading activity between $110,000 and $115,000. It's like finding an empty restaurant in Times Square - either the food is terrible, or something interesting is ab...
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