If Bitcoin Falls?... "$102,000 Support Line Could Be a Buying Opportunity"

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Recently, Bitcoin (BTC), which hit an all-time high, could see the $102,000 support line as a potential buying opportunity if it falls, according to some opinions.

On the 16th, Glassnode co-founders Jan Happel and Yann Allemann stated on X (formerly Twitter), "Bitcoin has closed above $100,000 for two consecutive weeks and then hit an all-time high," adding, "If Bitcoin tests $102,000 again this week, it could be a buying opportunity."

Earlier that day, Bitcoin temporarily broke through $106,000, setting a new all-time high.

The co-founders added, "Bitcoin's next rise will target between $108,000 and $110,000."