🔥🔥🔥BTC EXCEEDS $100,000: STRATEGIES AND EXPECTATIONS‼️
Bitcoin recently exceeded the $100,000 threshold, reaching a historic milestone. This level was seen as an important psychological barrier for investors. FED Chairman Jerome Powell's statements comparing Bitcoin to gold and progress in the fight against inflation made Bitcoin attractive as a hedge against inflation and triggered the rise.
The pullbacks in recent weeks are considered natural correction movements within the bull market. Experts emphasize that Bitcoin has a strong demand base and that these corrections can support longer-term increases. In this context, it is predicted that the BTC price may reach $110,000-120,000.
However, it is stated that caution should be exercised due to market volatility. Analysts state that there may be a possible pullback to the $80,000 level due to excessive leverage in the futures market. However, it is thought that such corrections can reinforce the strength of the market and pave the way for new peaks.
Conclusion
Investors can prepare for higher levels by following the market trend and evaluating corrections as opportunities. For BTC, an entry can be made from the $100,500-101,500 range, while the short-term target can be positioned around $105,000. For ETH, the entry point is the $3,820-3,840 range, and $4,000 can be targeted.
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- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED‼️ Definitely do your own research❗️