The one-sided main upward wave of BTC is imminent! Old hands are sweeping up, with a target price of 160,000 approaching.
The market has entered a critical turning point window! Long-term holders of Bitcoin are crazily accumulating at the 100,000 USD round number, with the holding ratio soaring for several consecutive weeks—this script is completely consistent with the previous two rounds of bull market surges.
Historical data shows that this wave of savvy investors' bottom-fishing rhythm can be called a 'surge indicator': the first time after consolidating at 28,000 USD for two months, BTC skyrocketed to 60,000; the second time, accumulating positions around the 60,000 mark directly pushed it up to the 100,000 milestone. The current accumulation period has lasted 4-8 weeks, and based on the patterns of the previous two times, the collection of bottom chips is about to end, and the main upward wave could start at any time.
From a technical perspective, 100,000 USD serves as a key support level, and once broken, it will completely activate bullish sentiment. If calculated based on the minimum increase of 1.6 times from the previous two rounds, the next target price points directly to 160,000 USD. What is even more noteworthy is that the Federal Reserve's interest rate cut node on July 30 is approaching, and there are rumors in the market that a '10x potential coin' code will be announced, which may become the fuse to ignite the market.
Operational strategy: Either build positions in batches at the current price or wait for confirmation of a breakthrough to follow up on the right side. But one must be cautious that history does not simply repeat itself—if the 100,000 mark is not broken after prolonged attacks, one should guard against the risk of false breakthroughs. The second half of the bull market has just begun, and choosing the right track is more important than blindly being bullish.
If you have been chasing highs and cutting losses and often find yourself trapped, without the latest news from the crypto circle and no direction, click on my avatar to follow me, whether in a slow bull phase or during sector rotation, you will not miss out.
