How long do you think Bitcoin can continue to soar?
Bitcoin is currently approaching the upper trend line of the major cycle, which is around $100,000.
Many people in the market are saying it will reach $200,000. Personally, I believe the price will definitely reach that point, but it is unlikely to happen this year, or even next year.
From both macroeconomic and market perspectives, the positive factors fueling Bitcoin are weakening, but that doesn’t mean it will come to an end.
BTC is in a super cycle; the logic changes according to market conditions, and we cannot view this cycle based on the bull market cycles of previous rounds.