📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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Bitwise CEO: Once Bitcoin reaches $130,000, the sell pressure will disappear.
Gate News bot news, Bitwise CEO Hunter Horsley stated that once Bitcoin breaks the $130,000 barrier, the selling pressure will disappear.
Horsley said in a post on X on Wednesday: "I believe that once Bitcoin breaks through $130,000 to $150,000, no one will sell their Bitcoin."
Mike Novogratz, the founder of Galaxy Digital, recently stated that this year's Bitcoin price range could reach this level, citing strong institutional fund flows and a growing demand for digital assets.
Horsley stated that the current selling pressure mainly comes from early buyers who purchased Bitcoin at prices well below the market price and are now choosing to take profits near the important psychological price level of around $100,000.
However, he believes that this situation will not last long, "once Bitcoin breaks through new levels, this momentum will gradually weaken."
Source: Cointelegraph