Industry insiders: Bitcoin's failure to break $100,000 is just a brief episode

Odaily News Noelle Acheson, author of the Crypto is Macro Now newsletter, said the difficulty in breaking through $100,000 could convince traders that the top has been reached and it is time to lock in profits, but any such episode should be "short-lived." Bitcoin has fallen this week since Trump won the U.S. presidential election, and the speculative frenzy in the cryptocurrency market appears to be cooling after a failed attempt to hit $100,000. (Bloomberg)