Regarding the future trend of Bitcoin, although Bitcoin is currently close to the upper bound of the long-term trend line, which is around $100,000, there are still differences in the market's expectations of whether it can reach $200,000.
My personal opinion is that while it is possible for Bitcoin to break through this price level in the future, the timeline to achieve this goal may not be as quick as some market expectations suggest; it may not happen this year, and perhaps not even next year.
From a macroeconomic and market environment perspective, the favorable factors driving the current rise of Bitcoin are gradually weakening, but this does not mean that the upward trend will end.
Bitcoin is currently in a super cycle, and the logic and conditions of the market are constantly changing, so we cannot use past bull market cycles to predict the current trend.
At the same time, it is very important to maintain one's own rhythm in trading and not blindly follow market sentiment. Take the meme coin wave, for instance; although I promptly liquidated my position at the high and issued related tweets to remind others, many still ended up losing back their previous gains.
This reflects a problem: market sentiment is always volatile, and the key to making money lies in controlling one's emotions and judgment, rather than being led by market sentiment.
