According to BlockBeats, trader James Wynn shared on social media that he has increased his long position in Bitcoin. Wynn anticipates a rapid drop in Bitcoin's price to $102,900 to clear some forced liquidation orders, after which he plans to further increase his position.
Despite this expectation, Wynn believes Bitcoin will soon rise to between $112,000 and $116,000, potentially reaching these levels today or tomorrow. He emphasized that this information does not constitute financial advice.
