First, let's talk about the most concerning question for everyone: how high will Bitcoin and Dogecoin rise, and when should we take profits at this stage?
In this wave of market movement, Bei Jie believes that Bitcoin will continue to rise until January 20th when Trump comes to power, after which the positive news will be fully priced in, leading to a significant correction. This is almost identical to last year's ETF market movement, with the timing being the same.
Last year, Bitcoin also started rising in October, going from 25,000 all the way up to the ETF approval in January, doubling in value. Coincidentally, after a 20% correction in January, it initiated the Ethereum Cancun upgrade. Bitcoin continued to rise to 73,777 in March, tripling in total. This time, there will also be another Ethereum upgrade in March next year, the Prague upgrade.
Therefore, the trend for the end of this year and the beginning of next year is quite clear: Bitcoin will continue to rise until January 20th next year, with an increase from the bottom doubling to almost 100,000 US dollars, followed by a correction and then the Prague upgrade market, where Bitcoin will rise to 150,000 US dollars, tripling from the bottom of 50,000 on August 5th. I believe the script should be quite similar to last year, with double super-positive stimuli, and the early stage of a bull market typically sees minimal corrections, moving steadily upwards. $BTC $DOGE $ETH
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