#BTC上攻11万
At the end of September and the beginning of October. Before BTC starts, everyone is estimating that BTC will fall below 50,000 again, even thinking that the bull run has ended.
Now at the same time point, BTC is fluctuating continuously in the 90,000-100,000 range. Altcoins are constantly jumping up and down for liquidation, and I dare say that there will be a market movement again in early January. Compared to the ETFs that have already entered the market, many institutions are still hesitating whether to enter. A relatively low buying position is the beginning of building up strength for an upward attack. Currently, it seems that 85,000-90,000 would be a good position for institutions that have not yet entered the market. However, it may not necessarily drop to that level. I believe 90,000 is a very strong support level. After such a long consolidation, it can be imagined that once BTC starts to rise again. 110,000 may be too conservative, and 120,000-150,000 will be our target.