The $BTC with 100,000 might be the most dangerous!
Recently, good news about BTC has been coming in one after another. Many big companies in the U.S. are eyeing Bitcoin and want to treat it as a treasure to store. Just like the shareholders of Amazon are urging the management to invest in Bitcoin quickly, financial giants like Goldman Sachs are also considering it. As soon as regulations loosen up, they want to rush into the BTC and $ETH markets.
Even Florida and Pennsylvania have taken action, preparing to treat Bitcoin as a strategic reserve. Even Russia has proposed similar plans. It can be said that BTC is becoming increasingly popular at the national level. However, it’s strange that with so much good news pouring in, after BTC's price surged to 100,000, it actually didn’t continue to climb but rather fell back a bit.
Old investors can tell that this is definitely the calm before the storm. At the 100,000 position, the main capital is undergoing a major cleanup, trying to force out those who bought BTC at lower prices. They will oscillate back and forth around this price, cleaning out BTC bought at 90,000, 80,000, 70,000, and even 60,000.
Once the cleanup is nearly done, the main capital will create some short-term trading opportunities using candlestick charts, then repeat the previous oscillation mode. When the timing is right, they will suddenly pull up, shake off the remaining low-priced chips, and then push the price above 120,000 in one go.
Speaking of BTC's holding cost, there’s really not much to compare. Most people's average cost is about the current price. So no matter when you entered the market, there’s no need to be too envious. Holding coins is not an easy task, especially when the market is good. Except for Bitcoin’s creator, Satoshi Nakamoto, very few people can hold onto coins that have increased tens of thousands of times without a word.
Let’s not get hung up on when to enter the market. In the crypto world, opportunities and risks coexist. The key is whether you can seize the opportunity.
As for the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, with an expected space of over 10 times being no problem. Like + leave a message, and I'll take you to layout the entire bull market!
