Bitcoin is about to reach 110,000.
This is almost beyond doubt; from both the news and technical perspectives, it is almost all positive—El Salvador's president is revealing profits, Gan Gan resigning, and Trump is about to take office.
Especially as Wall Street institutions have been continuously buying, even after Bitcoin surpasses 100,000, they are still buying continuously.
For us retail investors, we have been dealing with Bitcoin in the 30,000 to 60,000 range for a long time, and when Bitcoin reaches 100,000, we feel it's a bit high.
Thirteen mentioned in previous articles that buying Bitcoin at this moment is like joining the national army in '49.
The reason for the judgment is simple; for this bull market, Thirteen can only temporarily see Bitcoin's peak at 150,000, anything beyond that is outside the realm of understanding.
So, in this price range, we will choose to take profits and wait.
The subsequent market has nothing to do with me; of course, the market may continue to soar, but Thirteen does not intend to continue taking those profits.
However, institutions are still buying madly; they are optimistic about Bitcoin's higher positions in the future.
For them, achieving 50% profit in just a few months is terrifying, while for retail investors like us who have been wandering in the crypto world for years, 50 points in a bull market is something most people look down upon.
So, what kind of form will this bear market take, Thirteen is thinking?
After all, institutions have laid out so much; if they start to sell, the entire market will know, triggering a panic sell-off.
It is highly probable that this bull market will come with several rounds of wild rises and falls before slowly entering a bear market.
By way of wild rises and falls, extend the bull market cycle, leaving enough room for them to sell off and attract more retail investors to enter.
I hope friends in Thirteen's circle can be decisive when taking profits next year, without being overly anxious.
2,
The presidential election was a month ago.
The market is still in a state of high uncertainty, whether it is Kamala Harris or Trump is driving the crypto community almost crazy.
Everyone prays for Trump, but Kamala Harris has consistently led in the polls, causing great concern.
Who knew, it seemed to be fierce, but in the end, it was just a paper tiger, and the swing states couldn't even secure one.
Why could Musk bet on Trump in advance?
This is the difference between ordinary people and Iron Man; he dares to go all in before the election, while we do not dare, we don't even dare to bet on Trump winning.
After the results came out, the crypto market immediately launched into a surge, with Bitcoin jumping from the 60,000 range directly to 100,000.
A bunch of altcoins have also returned to the highs of March.
Now many people tell Thirteen that he regrets it.
Actually, there's nothing to regret; choosing not to gamble is the right choice. If you do gamble and win this time, what about next time?
Gambling is something to avoid.
To survive long-term in the crypto world, one must choose the most reliable investment methods, which is what Thirteen has always advocated.
Never take high-risk investments to get rich quickly; some people didn't heed Thirteen's advice and are now severely educated by reality.
Of course, some have won bets and are now flourishing in the crypto circle, looking down on others, feeling like gods in the crypto world.
Such illusions will lead him to continue choosing high-risk methods in the next gamble; just one loss can mean losing everything.
Risk, risk, risk must always come first.