Bitcoin finally broke through the resistance range that's been holding for the past two months. Yet market participants remain cautious—myself included, honestly. The 2023-2024 downturn left psychological scars that don't heal overnight.
That said, the fundamentals still point toward a 100k target, assuming the macro environment doesn't throw a curveball. No major economic shocks, no policy surprises—just steady conditions. The technical breakout is there, but sentiment is what's lagging. Once traders shake off that pessimism, we might see things accelerate.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
HalfBuddhaMoney
· 14h ago
Psychological shadow really, I still haven't gotten over it after two years.
View OriginalReply0
CountdownToBroke
· 14h ago
Breaking through the two-month resistance level is indeed exciting, but to be honest, I still feel a bit nervous... That wave in 2023 really took a heavy toll.
Can psychological trauma just disappear when you say it will? I don't believe you, honestly.
The fundamentals point to 100,000? Forget it, let's first see if the macro environment is environmentally friendly before talking.
The technicals are right here, just waiting for the retail investors' mentality to improve... Will it really take off then?
To be honest, entering the market now feels a bit like gambling, and I'm still on the sidelines.
View OriginalReply0
SmartContractPlumber
· 14h ago
Psychological shadows are much harder to repair than technical analysis, to be honest.
View OriginalReply0
NervousFingers
· 14h ago
Breaking two months of resistance and you want me to open champagne? Still have some doubts in my mind; that wave in 2024 really took a toll.
View OriginalReply0
TokenCreatorOP
· 14h ago
The psychological shadow really hit me. The downturn last year makes me a bit shaky when I look at the K-line now.
Bitcoin finally broke through the resistance range that's been holding for the past two months. Yet market participants remain cautious—myself included, honestly. The 2023-2024 downturn left psychological scars that don't heal overnight.
That said, the fundamentals still point toward a 100k target, assuming the macro environment doesn't throw a curveball. No major economic shocks, no policy surprises—just steady conditions. The technical breakout is there, but sentiment is what's lagging. Once traders shake off that pessimism, we might see things accelerate.