๐จ Bitcoin Price Prediction: $105K Before a Drop to $70Kโ$60K! ๐จ
Bitcoin is on a path to potentially hit $105K before facing a major correction. Here's what Iโm expecting:
๐ Bitcoin's Potential Rise:
We could see Bitcoin surge toward the $105K mark in the coming weeks, driven by growing institutional interest and bullish sentiment in the market.
๐ The Correction:
After hitting $105K, Bitcoin may experience a sharp decline, possibly dropping to the $70Kโ$60K range. This correction could be part of a final liquidation phase before the year ends, potentially occurring on or before December 25th.
๐ก Why this could happen:
Market cycles: Bitcoinโs volatility is a key factor. Historically, major price surges have been followed by steep pullbacks.Liquidity: Whales and institutional investors often sell during peak prices to lock in profits, driving the market down.
โก What to Do:
If you're holding Bitcoin, be prepared for both potential gains and the dip. Tighten your risk management and set stop-loss orders to secure profits or minimize losses during this volatile phase.
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