Is 100K Coming?
Bitcoin has been on a good run in recent days, but this rally has been followed by a decline due to uncertainty ahead of the US elections.
What are the new scenarios now?
I think uncertainty will continue on election day and the days following. Every event's ending creates new uncertainty. Markets will want to see what happens for a while.
Bitcoin may pause between 68k and 65k during this process.
After this pause, everyone is expecting a big rise, maybe 100k.
The bad news is we have to wait a little longer.
I think there will be a decline for Bitcoin in November and an increase towards the end of the year. First, other coins need to get a little stronger.
After 68k - 65k rest level it will be 60k.
Then we will begin the last big bull season.