Bitcoin breaking below 100,000 has become a certainty!!!
From the current market situation, 123,300 will become a historical high, and the market trend is biased towards fluctuations and declines. This round of bull market has already ended, so be cautious if you want to chase long positions from the current position!!! Those holding Bitcoin spot should consider running if they are in long contract positions.
From the one-hour chart, you can see that although there are rebounds and increases, the upward momentum is very weak, followed by a sharp drop of several thousand points. Every time there is a 1,000-point increase, the downward space is about 2,000 points. Whether it’s from the three lines of the Bollinger Bands, the three lines of KDJ, or the various indicators of MACD, they all point towards bearishness.
I mentioned a long time ago that 2025 is the last year of this round of the bull market, and the price of Bitcoin will not exceed 140,000 in this round. Recently, it was also revealed that a large number of whales chose to sell at the 108,000 position. The future trend will only slowly decline, so those holding a large amount of Bitcoin need to be cautious.
