The current price of Bitcoin is nearly 100,000 US dollars, approximately over 720,000 RMB. If it rises three times, it will reach over 2 million.
At that time, altcoins may flood the market, and media such as Douyin will extensively report on Bitcoin as if it were tulips.
The government may secretly buy large amounts while restricting ordinary citizens from purchasing.
Increased crackdown on black U and strict supervision of large buyers making low-price purchases.
As a result, ordinary people will abandon Bitcoin in the spot market due to price influences and turn to altcoins.
The number of short sellers will increase, and the number of people jumping off buildings and getting rich overnight will be as numerous as fish crossing the river; it will be an exciting yet overwhelming phase.
However, given the current situation, it is too early for Bitcoin to break 300,000 US dollars, at least in this bull market; it is unlikely before September 2025.
Bai Yi advises not to expect too much; it's good to enjoy the middle segment of the fish.
Alright, back to reality, how much can this bull market Bitcoin rise to?
According to the Bitcoin Fibonacci terminal pricing model, Bitcoin's price has successfully broken through the 4th line ($93,742).
The next target price points to the 5th line ($147,553), showing bullish market sentiment.
This model is based on the Fibonacci sequence (3, 5, 8, 13, 21) and on-chain data of Bitcoin.
It also delineates important reference lines for historical price fluctuations:
5th line: $147,553; 4th line: $93,742; 3rd line: $60,111; 2nd line: $39,932; 1st line: $26,479.
This model shows that the price fluctuates between these key lines from historical lows to highs, gradually moving towards new highs.
Currently, after breaking the 4th line, the market's attention has focused on $140,000 (the 5th line).
Investors need to pay attention to this critical phase and adjust strategies according to market trends in anticipation of a new rising trend.
Thank you for your attention. I am Bai Yi, continuously sharing.
#加密市场反弹 #BTC重返10万 $BTC $ETH $XRP
