$BTC Good news! The high point of Bitcoin is finally coming out! Yesterday's high point was
Didn’t many people think it would go to 100K/110K? Did many people chase the high?
Yesterday, Bitcoin hit the high point of 97600 that I mentioned again, but did not continue to surge, there is a divergence between volume and price, and the volume has obviously exhausted. It can be confirmed that the position of 97800 has a 70% probability of being the peak of this wave. If it goes higher, it will also be around 98500. The market will definitely face a correction afterwards. The CME closed on the weekend at
around 97600, so next week basically after a surge, at most it will consolidate around 97000 for a few days before showing direction. Personally, I still hold a bearish view, and this correction will inevitably go down to around 91000. Everyone should know that this rise can be said to be a V-shaped rebound, so likewise, after consolidating at a high position for a few days, the way it came up will also determine the way it goes down, targeting 87000/85000.