Let’s wait and see how high the price of BTC can be😱
Bitcoin is currently going through a period of adjustment, which is widely expected to last for several months to verify solid support at the bottom.
Although the broader market may appear choppy and unstable during corrections, this is an opportunity for us to enter positions cautiously. Every price correction actually provides us with the opportunity to intervene in the market at a lower cost.
Currently, an important support level for Bitcoin is near 56,000 points, and we regard this as a key point of concern. Once this support level is effectively verified by the market, the market is likely to resume its upward trend and move towards a higher target price. However, until then, we need to remain patient and keep an eye on the latest developments in the market.
Remember, investing is not a sprint, but a marathon that tests your endurance and wisdom. Only with enough patience and confidence can we remain calm during the ups and downs of the market and make wise decisions. Looking to the future, once the big bull market arrives, the price of Bitcoin is expected to achieve a significant jump and break through the $100,000 mark.
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