How far are we from Bitcoin reaching $100,000?
I think we will definitely see $100,000 in the future, but the specific time node cannot be predicted. It may be this wave or the next wave.
Bitcoin is currently in a super volatile period.
The main force is strongly fluctuating around the high point of 21 years and the high point of more than 70,000 in this round of market.
Will there be volatile shipments here?
I also said yesterday that there is no big negative expectation in the future. Whether it is macro or industry, there are no factors for a big crash, at least not at present.
And the data on the chain is also very healthy. In August, the number of big whales hoarding even exceeded the data after March 21, 2020.
So I think the main intention is very clear, that is, to cooperate with the interest rate cut cycle and complete a large phased harvest.
The withdrawal range is still 80,000 to 100,000 US dollars!
Many people will say that this has not risen much, but don’t forget that the main force on Wall Street has a large amount of funds, perfect risk control and return standards, unlike retail investors who require several times and have no standards.
Moreover, Bitcoin has increased several times from 15,000 to more than 70,000.
But I think people with small capital should not be pessimistic. The fluctuation of cottage is still very large. As long as you grasp the rhythm of hot spots, I think it is still easy to get several times the profit in each wave.
The holiday is over, and everyone has been focusing recently.
We should quickly invest in the value we can create.
The bullish view in October remains firm!