Be extremely vigilant, the $100,000 Bitcoin could be the most dangerous

Recently, there has been an overwhelming amount of positive news about BTC. Various listed companies in the US are eager to consider Bitcoin as a strategic reserve.

This includes some giants, such as Amazon shareholders urging the board to consider investing in Bitcoin.

With so much good news currently, not to mention next week's second interest rate cut, coupled with the super positive news of Trump taking office on January 20, why has the BTC price stalled at $100,000, instead of rising, and instead has pulled back? What kind of play are the major players and manipulators performing? Anyone who has experienced a market cycle knows that the real big market has not yet begun. So why is the current price behavior so abnormal?

There is only one possibility: the repeated fluctuations around $100,000 aim to wash out BTC at $90,000, $80,000, $70,000, and even a small portion at $60,000, trying to push as many people as possible out of these price levels.

The longer it oscillates below $100,000, the more chips will be washed out. After a period of oscillation, those trading BTC in waves or on a medium-term basis will clearly see in the K-line that in the short term, they can engage in low buying and high selling patterns, repeating the price trend of BTC when it was at $70,000, experiencing a drop that cannot break through (the story of the wolf coming).

Ultimately, with a strong V-shaped reversal, it will violently surge by 10,000 points, completely shaking off this portion of people, and then quickly rise to $120,000 or above.

Why has this BTC correction been minimal, while altcoins have seen a massive 20% drop? It should be that the main players have deliberately locked a portion of funds in altcoins, so when BTC oscillates, even if there is a correction, investors holding a large amount of altcoins, because they are temporarily trapped, will have no funds to allocate to BTC.

Thus, this batch of people who have filled their bullets in altcoins will have no chance with BTC anymore. By the time the altcoin season starts, BTC will be out of reach.

In this way, American capital will consume most of the low-priced BTC below $100,000, while the rest are just hoarders and some old retail investors who are not easily shaken off. This small portion of people aligns with the market direction, so when the price is driven up to $120,000 or $150,000, there won't be much selling pressure, making it much easier.