Bitcoin (BTC) has broken its historical high, reaching 99,300!!
Approaching the 100,000 mark, and successfully breaking through the third target of the Northern Expedition.
From 85,550, it has accumulated an increase of 13,750 points, almost in line with my previous forecast of the 100,000 target.
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However, the possibility of breaking through 100,000 is almost zero, 99,300 is already close to the peak.
If a pullback occurs at this time, the market may face the risk of a rapid decline, and a significant drop may occur in the short term.
In the face of historical highs, I am not optimistic about continuing to break through, and I expect to witness a strong downward trend by the end of the month.
Therefore, it is recommended to enter short positions near 99,300, targeting the 96,000-95,000 range, with a stop loss set at 100,300.
