How long until Bitcoin hits 100,000 again?

Now that this wave of advance has not broken through 100,000 in one breath, everyone still holds on to the thought that Bitcoin has retraced well this time, and the next attempt to hit 100,000 will still have this momentum in everyone’s mind.

The market cannot fall back to 67,000, the starting point, in the near future. At most, it will oscillate between 80,000 and 90,000. So when it attempts to hit the 100,000 mark again, the starting point will be much higher than before, which means it will reach a higher peak.

The first wave of impact reached 100,000 because the market aimed for 100,000 as a target. The second attempt to hit 100,000 will become a starting point, not a target.

And retracing and oscillating at the current position can allow some profit-takers to exit and let some external funds re-enter, facilitating a handover between new and old investors.

For a new investor, a five-figure Bitcoin is definitely more attractive than a six-figure Bitcoin. For an on-site investor, selling under a hundred thousand is definitely less impactful than selling over a hundred thousand, as the sell-off at this position is just part of the profit-taking.

So this position where Bitcoin is retracing and falling is very good; it is gathering strength for the market.

From the current overall trend of the market, Bitcoin is taking a break for now, but the overflowing funds are slowly moving towards mainstream coins, altcoins, and other sectors. The market is showing a sector rotation effect, and many cryptocurrencies have risen from the bottom, taking a step up, which lays a solid foundation for a comprehensive explosion of the market in the future.

A bull market of Bitcoin alone is not a bull market. The traditional bull markets in the cryptocurrency circle are a full explosion, with chaos and excitement. We don’t talk about the structural bull market concept from the stock market here; in the crypto circle, it's all about rising and falling together, that's just how it is.

Come on, let the market oscillate more at this position, let it rest a bit, take three steps forward and two steps back, stabilize at each stage, and then continue to rise. This rhythm will make the market more stable, and everyone will have more opportunities to profit.