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Buy the Rumour Sell the Fact? Bitcoin has a close look at 100k
As you know, Bitcoin nearly reached 110k yesterday. The reported, record high seen here was set at 109,241. The price action since then has been mostly to the downside and earlier this morning BTC came very close to falling back below the 100k handle. The low seen earlier was set at 100,103. Naturally, 100k is a potentially major support level from here on, but at the same time, not by any means guaranteed to hold another downside run. The reaction in BTC this morning is surely rather odd to some out there and perhaps understandably so. It could simply be a case of-Buy the Rumour, Sell the fact? We shall see on that as the day unfolds. The earlier high today was set at 103,725. BTC is currently trading at 101,745
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