Veteran trader Peter Brandt has suggested Bitcoin may be due for a selloff in the coming days. Despite this, he remains optimistic about Bitcoin’s future trajectory and reportedly predicts it may hit $120,000. However, other experts have warned of a potential BTC selloff, with investors likely to book profits.
For example, Crypto Rover commented that a “huge sell wall” awaits at $100,000 and Ali Martinez believes that a $1.89bn liquidation could occur if Bitcoin reaches $100,625.