What stopped Bitcoin at the latest ATH?
Some traders believe Bitcoin faced unexpected resistance not in dollars, but at 100,000 Swiss francs (CHF) — one of the strongest fiat currencies in the world.
The theory suggests that psychological levels in “hard” currencies may influence market behavior just like round numbers in USD. While it sounds intriguing, it’s more of a fun coincidence than a solid technical reason.
Interesting narrative — but likely not the real driver behind BTC’s pullback.
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