【Bitcoin is set to welcome a significant breakthrough, targeting a new ATH of $99,000 to $100,000】
The price of Bitcoin (BTC) remains stable in the high range of $60,000, recently reaching $67,000, showing strong bullish signals. The market widely expects continued upward movement in the fourth quarter, with many analysts predicting BTC will re-hit its historical high within weeks, and it is even anticipated to reach $100,000 to $150,000 by the end of the year, with some optimistic estimates going as high as $220,000 to $550,000.
One analyst believes the next target high for BTC may be between $99,000 and $100,000, maintaining a very optimistic outlook. Another analyst cautions that the risk of shorting in the current bullish market is extremely high, arguing that even if a price drop is predicted, a slight miscalculation in timing for leveraged shorts could still lead to losses, recommending that funds be considered for transfer into stablecoins for hedging.
This analyst further points out that this is an overall economic bull market, and for long-term investors, the risks of shorting are too great. He emphasizes that "the trend is your friend until the trend ends."
