Bitcoin has soared to 100,000, can it continue to rise? Is this the end of the bull market?
In fact, history has told us many times that Bitcoin's trend is strikingly similar to the previous two bull markets, both started gaining momentum in October. This bull market has only gone halfway, and there’s still a year of good times ahead! In the previous two cycles, you can take a look, once the time node arrives, the price continues to rise, and it rises quite a bit! I estimate that by January 20 when Trump takes office, Bitcoin could reach around 120,000. However, there might be 1-2 significant drops in between. Everyone, don’t rush, keep calm!
Yesterday I mentioned that when the manual pie dipped down, we basically all withdrew. Although the big pie is a bit weak, Ethereum still showed some respect, rising by 140 points. The big pie dropped to around 97,000 at its lowest and then rebounded, the rhythm is just as we expected. Looking at this reclaiming of lost ground, the bulls still need to continue to exert strength. If the rebound is too strong, we will have to change strategies; in the future, we will mainly see how the bulls adjust. The current market is still fluctuating, correcting the main line, and the space is a bit unusual.
In the short term tonight, you can try to buy more near 98,000-97,800 for the big pie, aiming for around 99,500. For Ethereum, you can take a closer look around 3,410-3,390, aiming for about 3,500.
If you always miss the point and feel confused about how to operate, and want to learn and keep up, you need to meet one condition: you must be proactive, act decisively, like + comment, and I will help you make big money!
