#BTC新高10W

A month ago, when Trump was not elected, it seems now that everything is like a dream. Bitcoin has broken through numerous obstacles amidst doubts. The best way to describe it is with a line of poetry: The cries of the monkeys on both shores are incessant, but the light boat has already passed through thousands of mountains.

Let me explain. At that time, I believed the reason for breaking 100,000 was because Bitcoin had been consolidating between 50,000 and 60,000 for over half a year. This means that the majority of institutional investors' costs are around this range. If it can hold steady, it won't drop; it's that saying: The longer it consolidates, the higher it will rise.

As for the ending prediction, when will there be a significant correction? According to the principle of doubling the principal in the cryptocurrency circle, Bitcoin should be around 120,000. Some main forces will take out their principal, leaving behind profits, hence there will be significant selling pressure.