#BTCBackto100K The breach of the $101,000 barrier by Bitcoin represents a turning point and an indicator that we are entering a new phase of the market cycle. This rise is fueled by several factors, including liquidity flows from whales, increasing institutional interest, and improving global economic indicators, which strengthen the bullish momentum. We may witness an attempt to break the resistance level of $106,000, and if this is confirmed as support, we could see a rapid extension towards $120,000. However, a short-term correction for profit-taking should not be ruled out, especially with the fear and greed index reaching high levels. It is important for investors to understand that the price is in a discovery phase, which means greater volatility and increased opportunities, but it also carries risks. Personally, I believe the market remains bullish in the medium term, but caution is warranted as violent corrections are possible at any moment. The best course of action now is to monitor the market closely and rely on technical and fundamental analysis to make informed decisions.
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