The scenario I think is:
1. Pessimistic: BTC breaks 108k, runs up to 116-117 (according to my rough calculations the other day, it could spike up to 122k and dominate until the altcoin season)
2. Optimistic: BR tests lightly up to 147
See original
Trading Insight
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The $BTC is looking great, isn't it everyone? In this post, let's discuss a bit about personal views for everyone to refer to.
For me, currently BTC has 3 areas to pay attention to, which are the two ends being the 91-92k range and the 101.3-103.7k$ range, which are the two areas causing BTC to sideways for a long time.
The psychological range of 97-99k is the current hard threshold and it has already escaped. From my view, BTC will pump up to the upper bound of 101-103k, close to 104, and then turn back.
More specifically, if it reaches around 103.x, there will be a market FUD or something very big to pull the market price down into a deep flash dump for the New Year. The scenario sounds a bit tragic, but it needs to be refined a bit to closely align with the MM's direction.
How does everyone view BTC? Let's discuss a bit and see everyone's opinions. Who knows, we might find a good strategy together :)))
For me, currently BTC has 3 areas to pay attention to, which are the two ends being the 91-92k range and the 101.3-103.7k$ range, which are the two areas causing BTC to sideways for a long time.
The psychological range of 97-99k is the current hard threshold and it has already escaped. From my view, BTC will pump up to the upper bound of 101-103k, close to 104, and then turn back.
More specifically, if it reaches around 103.x, there will be a market FUD or something very big to pull the market price down into a deep flash dump for the New Year. The scenario sounds a bit tragic, but it needs to be refined a bit to closely align with the MM's direction.
How does everyone view BTC? Let's discuss a bit and see everyone's opinions. Who knows, we might find a good strategy together :)))
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
96,850.31
-5.12%
Replies 0
