What is the future direction of Bitcoin?
Next January, when Trump takes office, there are reports that he hopes Bitcoin can reach 150,000 in the early days of his term. This may not be unfounded, as he previously suggested using Bitcoin as an asset.
Bitcoin's current trend is still very strong, with declines being brief; yesterday it broke through 100,000 again. If it can maintain a close above 100,000 for several consecutive days, it can be essentially confirmed that the next wave is near.
From a trend perspective, the daily MA30 moving average support test is effective, and the upward trend has not been broken; there hasn't even been a false breakdown. The slope is decreasing, and the next few days will be a potential time for choosing direction;
Looking back at Bitcoin's journey, it has been full of ups and downs, but after weathering the storm, it always reaches new highs. This is very similar to our lives; as long as we overcome setbacks, we can reach one peak after another.
The daily fluctuations are meaningless; a bull market is about subtraction, not adding burdens to oneself. If you look at the ups and downs every day, you won't hold on and the probability of making money is low.
When the bull market is about to end, you look back and slap yourself, thinking how good it would have been if I had held on. Life doesn't have so many 'ifs' or 'should haves'.
You only need to know one thing now: the bull market is not over yet!
