From yesterday to today, Bitcoin has risen from 94k to 97k, experiencing a slight increase that has made everyone a bit excited. However, whether this surge can be sustained still needs further observation. Most other cryptocurrencies have also risen, especially altcoins, which have shown significant upward momentum.
So, what is the outlook for Bitcoin moving forward? Here’s a brief summary.
Personally, I believe Bitcoin may fluctuate between $94,000 and $99,000, which is part of a normal rebound process. We need to be patient and wait for a breakout.
If you previously bought some BTC at a low price, you might consider reducing your position near $99,000 and then look for new entry opportunities.
Currently, market sentiment is relatively optimistic, with many voices leaning towards bullishness.
