The $100,000 Crucial Battle! Can Bitcoin Achieve Godhood in One Fight?
Bitcoin is undergoing a tough battle on its path to 'godhood.'
With prices nearing $100,000 and a market cap approaching $2 trillion, these two thresholds are not just numbers but are a litmus test for bullish confidence. In the past few days, Bitcoin has surged rapidly, but there has also been significant volatility above the $100,000 mark—a tug of war between funds and confidence has already begun.
Don't rush to go ALL IN, and don't exit too early. There is a considerable possibility of a pullback in the short term; even if it drops below $100,000, it would be normal. However, the medium-term trend remains clear: the bulls have not left, and the main upward wave is not over.
Another key variable is the ETH/BTC ratio. Currently, this pair needs to rise to 0.03 to effectively ignite the sentiment of the entire altcoin market. As long as this line warms up, the altseason may truly begin.
June is the real examination for the bulls. The market widely expects Bitcoin to challenge its historical high of $110,000, and even push towards $120,000-$150,000.
One final sentence for you: this is not a sprint; it's a marathon. What you need to do is not to judge every K-line but to understand where the finish line is.
