The market may experience three possible trends:
The first scenario: BTC starts a strong upward trend from today, breaking through the new high of $108,000, leading to a crazy rise in altcoins. After the policy benefits land on January 20, market sentiment erupts, and the market enters a full correction, with "all coins falling."
The second scenario: BTC declines, breaking below the $90k support, heading straight for $72k. Until market sentiment warms up on January 20, prices begin to rebound. This means that in the short term, prices may continue to fall, with the rebound concentrated after the old special comes to power.
The third scenario (most likely): BTC maintains the current range of fluctuations and welcomes an upward trend after January 20, but it is difficult to break through the $108,000 mark, and it will not break below the $90k support.
Wall Street is more inclined towards the third approach, "pulling while washing," absorbing funds through fluctuations to lower costs while paving the way for the next stage of a big rise. What do you think?
Still the same saying, both bulls and bears have their own ways to play.
In a bull market, don’t miss out; there’s meat to eat every day.
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