Bitcoin faces challenges in reaching 100,000, may drop back to 87,250.
Although I hope BTC soars all the way, in the cryptocurrency world, fluctuations are normal. Now we need to stay calm and not rush to enter the market. I will wait for it to reach a new high, confirm the upward trend, and then steadily enter the market, which is called right-side trading.
Entering the market also requires timing; we need to wait for it to drop to key support levels, like around 94,800, to test a small rebound. If it drops to 87,250, then I will fully enter the market. After all, trading contracts requires caution; without confirming the trend or being at the support level, it's easy to encounter problems.
As for spot trading, there is no risk of liquidation, so I still choose to hold. Looking at the long term, this slight pullback in Bitcoin is nothing; my target for January next year is 120,000 to 140,000.
The same goes for other small coins; they will also see significant rises later. We just need to wait for Bitcoin to finish this round of consolidation before it continues to surge. The bull market is still long; it has to be a year, so everyone be patient and let's walk to the end together!
If you always miss the right timing and are confused about how to operate, and want to keep up and learn, you must meet one condition: you need to have strong action; just do it, like + comment, and I will help you make big money!
