I have been in the cryptocurrency circle for a long time and have seen too many ups and downs. Recently, funds have begun to flow out. Can Bitcoin still hold up? As a witness of multiple rounds of bull markets, I will analyze the next trend for you.
Bitcoin has doubled from 49,000 to the current 100,000 in this bull market. Now it is the end of November, and 100,000 is a big resistance level. I personally hope that it can fall back to the golden section of 90,000 or 87,000 and continue to rise, so that funds and traders dare to enter the market, and the market will be healthier.
Looking back at the last bull market, Bitcoin ushered in a bigger increase in December, directly rushing to 40,000, and the market went completely crazy and then plummeted by 30%. Will it happen again this time? I have bought JTO with a full position, the current price is 3.48, and the target price is 5.00. The opportunity is here, are you ready to ALL-IN?
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