Is it reasonable for $BTC to rise to 100,000 only after a drop?
Now the price of Bitcoin is rising every day, almost reaching 98,000. If it jumps straight to 100,000, it really feels unreliable.
Since the election on November 6, Bitcoin has been like it took a stimulant, skyrocketing over 20,000 U. The path it is taking is becoming increasingly complex, and the difficulty is rising, while Ethereum and other altcoins are dropping. Bitcoin seems to be flying solo. This situation has been rare in the past; we were all waiting for Ethereum and altcoins to rise along with Bitcoin. Now, Bitcoin's correlation with other coins is getting smaller, and it feels like if it wants to fly higher, it may need to wait for the next opportunity.
Bitcoin is getting closer to the 100,000 mark in my mind, but the closer it gets, the more anxious I feel, fearing a sudden crash. I initially thought Bitcoin would lead the rise, and altcoins would follow, but the opposite has happened. If it really reaches 100,000, should I sell? This situation is quite tangled for everyone, regardless of whether they hold Bitcoin.
Right now, Bitcoin is like a vampire, draining the life out of other coins. Chasing high at this moment does not seem wise. Perhaps waiting for altcoins is a good choice.
Now BTC is about to surge to 100,000, and the market is fully exploding! In this situation, it's best to lay low and prepare with potential altcoins! I've carefully selected a coin expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like, and I will share it for free!
