Bitcoin speculators’ record cost basis boosts $100K support as BTC dives

Bitcoin now has added support at the $100,000 mark as a mass profit-taking takes over speculators, whales and “diamond hands” alike.

Key points:

Bitcoin’s speculative investor base now has an aggregate buy-in price of above $100,000.

Profit-taking ramps up as $3.5 billion is realized in just 24 hours.

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