Bitcoin, Rise vs. Fall Tight… Investors Divided Over Psychological Support Line of $100,000

Bitcoin (BTC) is seeing investors' views sharply divided on whether it will set a new all-time high or fall below the psychological support level of $100,000 (approximately 139 million won). According to a survey conducted by cryptocurrency analyst Matthew Hyland on X (formerly Twitter), out of approximately 1,300 respondents, 50.2% expect Bitcoin to drop to $94,000 (about 130.66 million won), while 49.8% anticipate it will rise to $114,000 (about 158.46 million won). This survey highlights the uncertainty and expectations investors are experiencing in the current market, which is maintaining a sideways trend. According to cryptocurrency data site CoinMarketCap, Bitcoin is currently trading at around $104,522 (about 145.30 million won). If it falls to $94,000 (about 130.66 million won), it would represent approximately a 10% decline. Conversely, if it rises to $114,000 (about 158.46 million won), it would record about a 9% gain and set a new record, surpassing the previous all-time high of $111,940 (about 155.66 million won) set on May 22. The $94,000 level, which is one of the indicators of market sentiment, is a point Bitcoin has not reached since May 6. Subsequently, Bitcoin broke through the $100,000 (about 139 million won) psychological resistance line on May 8, recovering this level after about three months. With this continued sideways movement without a clear direction, investment sentiment remains unstable. While some suggest the possibility of a short-term correction, expectations for setting a new all-time high persist. The cryptocurrency market's future direction is expected to be determined by major economic indicators and global macroeconomic environment changes in the coming week.