Jason, a whale known as "Set 10 Big Goals First," said he will look for opportunities to re-enter long positions. According to ChainCatcher, he said the strength of the current trend has exceeded earlier expectations and that the upside could be revised higher.

He added that re-entering at $80,000 or above would still not be too late, as Bitcoin still has room to rise. Jason also said $100,000 is likely to arrive sooner than he previously expected, after which he will reassess how far the current trend can extend.