Historically, Bitcoin tends to see significant increases in December during bull markets.
For example, in 2021, Bitcoin rose by 28% in November and then further increased by 45% in December.
Based on this pattern, if Bitcoin rises by 37% in October 2024, the increase in December could reach 60%.
In that case, breaking through $150,000 for Bitcoin is not an impossible target.
From the current technical perspective, Bitcoin may first undergo a high-level adjustment, and after completing the pullback, it will break through the previous high,
subsequently further surpassing the $100,000 mark.
Key support levels in this process include $95,700 and $90,000.
In the past two days, some altcoins have experienced consecutive surges, especially projects like DOGE, which have seen significant increases.
Ethereum is currently in a relatively strong position, having risen more than 100 points shortly after breaking through $3,600.
If Bitcoin experiences a pullback, ETH may face the risk of insufficient upward momentum. Only when Bitcoin adjusts can ETH truly emerge with its independent market.
As the leader of altcoins, ETH's performance directly impacts the entire altcoin market.
If ETH can continue to rise and synchronize with Bitcoin, it may drive more altcoins to develop independently.
The current market has not yet entered a frenzy for altcoins.
The previously laid-out positions in bonk, doge, xrp, wif, apt, and op are also good.
The upcoming strategic direction will still aim for profitable opportunities in altcoins along with the fan base, especially those with high potential projects; doubling is quite simple.
Do not become a headless fly crashing around; ambush the interest rate cut next month, and I will escort you throughout the process, allowing you to easily board and enjoy the benefits of the bull market together!
