First of all, this is a personal opinion, not financial investment advice.
As for bitcoin price in the long term, I still see the price reaching ATH $120,000
But for BTC to reach $120,000, there must definitely be an adjustment period. At this rate, according to my personal opinion, the bottom will be in the $40,000-$30,000 area.
And this bearish phase could last until early 2025, creating two main corrections: the $46,000 zone and the $40,000-$30,000 zone. When the price drops to this area, I will divide my capital to buy Altcoin.
Therefore, I have prepared a plan for two possible upcoming adjustments.
The next correction may reach the $46,000 area (30% of Altcoin buying capital in this area).
The final beat will be the $40,000-$30,000 zone (40% of Altcoin buying capital in this zone).
And the final backup is 30% of the remaining capital to buy Altcoin if BTC price drops deeper than $30,000.
I will post an article analyzing the potential Altcoins I am targeting. If you are interested, please follow me.
