A few days ago, a netizen sent a private message asking, "Can BTC rise to 100,000?"
This article will discuss this issue.
My personal opinion: BTC can rise to 100,000.
I won’t talk about the fundamentals here. Friends who want to see fundamental analysis can look through the previous articles.
From a technical point of view.
BTC from 25,000 to 45,000 is small wave 1;
BTC from 45,000 to 39,000 is a small wave 2;
BTC from 39,000 to 73,000 is a small wave 3;
Small waves 1, 2, and 3 form big wave 1, with an increase of 73,000-25,000=48,000;
Currently, from 73,000 to 55,000, it is the big 2nd wave;
Then from the perspective of wave theory, there will definitely be a big wave 3, and the increase of big wave 3 will be almost the same as that of big wave 1, that is, an increase of 48,000 points.
In recent days, BTC has been trading sideways at around 59,000. If we calculate the big 3rd wave from the bottom of the range at 55,000, then the final price of the big 3rd wave will be around 55,000+48,000=103,000.
So, it’s a good place to enter now, isn’t it?
It is not difficult to make a profit, what is difficult is human greed.