Originally, everyone thought this topic was a fantasy before the election, but with the election, Trump won the election thrillingly; Bitcoin also soared, rising directly from the 70,000 mark to create a new high, and this week it directly broke through the 90,000 mark to around 93,330.

So everyone began to wonder: Will Bitcoin break through the 100,000 US dollar mark next! I think that before and after Trump officially takes office, Bitcoin starting with 100,000 may really become a reality

As early as July, I emphasized that once Trump is re-elected, Bitcoin will usher in a big rise. Although the rise of 90,000 in such a short period of time is somewhat unexpected, it is completely expected to break through 80,000; and I have been suggesting bullishness during this period, and this round of bull market is also completely in my prediction

Why do I think Bitcoin will break through 100,000

First, the Federal Reserve is likely to continue to cut interest rates in December. Powell mentioned in his speech yesterday that the Federal Reserve is not in a hurry to cut interest rates, but a series of economic data and the subsiding of inflationary upward risks have forced the U.S. to The Fed cut interest rates. You should know that the Fed has never cut interest rates in the past three years. As a result, it has cut interest rates twice since September (I have to thank the Fed here, otherwise our A-shares may still be hovering around 2,700)

Second: Trump's favor for cryptocurrencies. At the Bitcoin Conference in July, Trump proposed a strategic reserve plan for Bitcoin, which is also the most direct reason why Bitcoin took off directly after Trump was elected (I have to admire Musk's courage to bet his fortune on Trump)

So considering the off-market factors, it is not groundless for Bitcoin to break through 100,000, and the highest has reached 93,000, and there is only 7,000 points of space from 100,000!

Technically, the bull market has no top, and there is almost no pressure above; after this round of continuous rise, the indicator has long been overbought! After reaching the peak this week, there is a need for short-term adjustments. The daily support is 85,000, and the ultimate support is around 82,000. If it falls below 85,000, the callback will continue to look at 82,000, but once it falls back to 82,000, a new round of rise will start. Once it reaches 82,000, you can start to arrange mid-term long positions; the big trend remains bullish, and get ready to welcome 100,000 bitcoins!