Bitcoin is expected to face strong resistance at $100,000. If it is rejected there and subsequently falls and stays below $90,000 for about a week, it is likely to give back its post-election gains.
"I think 100K is going to be kind of the Line in the Sand... if that happens and Bitcoin gets rejected again and it comes back down here and gets below 90k then this outcome is more likely where it just follows what the S&P did and the Russell did and give back those post selection gains in the short term... 100K is going to be the main resistance level I think at this point we'll see if Bitcoin can break through it if not look for 90k to see if it holds support if it's below 90k for a week or so then I think it would favor more so what happened over here"