Bitcoin has been consolidating for a long time this month, finally breaking through the key level of 95,000. I have already taken profits on the altcoins' long positions during the previous rebound.
The current strategy is to continue bullish on BTC, set a stop loss at $94,000, and target the 100,000 mark. The probability of breaking this level is actually not very high, as the technical accumulation beforehand has been sufficient.
If it can really surpass 100,000, the potential for future gains is quite significant. Recently, several trader friends have been thinking along the same lines, all waiting for this breakout confirmation. What do you all think about this market?
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Doraemon15
· 16h ago
New Year Wealth Explosion 🤑
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DefiOldTrickster
· 16h ago
94,000 cut losses, 100,000 dreams, I've been playing this trick since 2017 haha
Is the technical foundation sufficiently accumulated? Brother, your words are too mild. I think the main force is just shaking out.
Copycat taking profits smartly, I got caught again the other day, which is why I now only do BTC reinvestment portfolios, with steady annualized returns.
The probability of breaking down isn't high, right? Then I'll wait to see the drama of the 100,000 being smashed through.
It's not a problem to surpass 100,000, but the real question is whether your stop-loss orders can survive to see that day.
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MetaverseLandlady
· 16h ago
Can we break through the 100,000 mark? I’m skeptical; history has always played out like this.
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LiquidationTherapist
· 16h ago
If I can't break 100,000, I will doubt life. This time, I really feel it's different.
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ETH_Maxi_Taxi
· 16h ago
The probability of breaking the level is not high? Bro, you might be overthinking this time.
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just_here_for_vibes
· 16h ago
Can 100,000 really break through? Feels like this wave is a bit虚
Bitcoin has been consolidating for a long time this month, finally breaking through the key level of 95,000. I have already taken profits on the altcoins' long positions during the previous rebound.
The current strategy is to continue bullish on BTC, set a stop loss at $94,000, and target the 100,000 mark. The probability of breaking this level is actually not very high, as the technical accumulation beforehand has been sufficient.
If it can really surpass 100,000, the potential for future gains is quite significant. Recently, several trader friends have been thinking along the same lines, all waiting for this breakout confirmation. What do you all think about this market?