After Bitcoin rises to 100,000, what is the highest position it can reach⁉️
The highest limit is 120,000 to 135,000 US dollars📈
I think everyone knows that the most basic trading basis is that bulls don’t talk about the top and bears don’t talk about the bottom. I have mentioned this sentence to you more than once, so it is to ensure that all my fans did not go to the bottom to short in this round of Bitcoin surge. I saw many other fans. They all went to the top to short, and finally got liquidated in this wave. Even some people who do rebates saw that their Bitcoin surged and the rebate amount suddenly increased in the past two days. They are still complacent. Little do they know that they actually caused their fans to go bankrupt. The rebate income increased. In the end, at the cost of killing their own fans, they increased their own rebate income😂
For every 1,000 US dollars increase in Bitcoin now, the market needs nearly 100 million US dollars of purchasing power. So although we say that bulls don’t talk about the top, there is a limit to the Bitcoin price that the entire market can bear. Where is this limit? It is roughly around 2.7 times the cost of mining miners. That is 120,000 to 130,000 US dollars‼ ️
