/biz/ - Business & Finance

>>16567666
>>16567681
>>16567657
The technicals (log hopium curve) is one story.
>but who will buy at 100k???
The other thing bears don't understand is that bitcoin being divisible to 8 decimal places means that absolute prices DO NOT MATTER.
Stocks for instance - very few platforms offer fractional investing. Almost none even in the last five years. It's just being offered at a handful of places now.

percentage gains is what matters.
With enough grinding of weak hands and manipulation to flush people out, you can absolutely support 100k prices even with today's level of volume/liquidity... people just have to be accommodated to trading sats instead of a whole bitcoin.
Even an exchanging rebranding from bitcoin denomination to sats could be a catalyst, weirder things have happened because people are stupid.
it's probably not likely and more fresh money always helps, and 100k isn't guaranteed but if it does happen that's how it will happen