It is expected that Bitcoin will rise first and break through 100,000. Will it face any rejections afterwards?
At 9:30 this morning, Vivi particularly emphasized that the target set last week is still on its way and has not yet reached the end. The market is currently in a delicate game phase; before the critical action of clearing liquidity is completed, the price of Bitcoin seems to be firmly supported by an invisible hand, and it will not easily decline. From the weekly performance, the trend is flat, which indicates that the bearish force has not accumulated enough to cause the market to fully turn bearish.
Compared to other trading days this week, Monday's trend is often misleading and is considered 'false.' Vivi boldly predicts that Bitcoin will soon start its upward journey, aiming for the significant milestone of 100,000. Once Bitcoin successfully breaks out, it will trigger a chain reaction, with some previously quiet altcoins expected to see a 5% - 7% increase, like fireworks igniting and blooming in the market sky.
However, the market is always full of uncertainties, and Vivi has drawn a key 'red line': only if the daily closing price is below 90,060 will the above-mentioned expectations burst like a bubble.
Bitcoin may climb to 99,600. Although this target has not yet been reached, judging from this morning's closing situation of Bitcoin, it is clear that the market has not yet reached a fully bearish phase. Bitcoin's upward momentum still exists, and it will continue to strive towards 100,000, at which point altcoins are also likely to ride this wealth express train and rise accordingly. #BTC走势分析