$BTC Bitcoin!

What to expect?

We broke through, but couldn't hold the level of 100,000. Is that bad?

In the local structure - yes.

But in the long term? Fantastic.

Outlook:

Recently, Bitcoin crossed an important milestone for the first time in history, reaching a six-figure price.

I want to outline some thoughts:

1) 100,000$ - a serious psychological barrier, and the next ones could be 500,000$ or 1,000,000$.

In general, big goals will now be achieved more easily.

2) There should be a crazy increase in public interest (due to headlines in newspapers, news in media and social networks, and "word of mouth" from neighbor to neighbor).

3) As mentioned above - many newcomers will enter the market.

So, here comes the buy pressure for altcoins and the altseason itself, partly because Bitcoin is expensive.

4) Those who enter the market now and in the next 2-3 months will still be able to make a profit. But those who come after dozens of Xs on altcoins and get stuck at the highs will lose.

Locally:

For the continuation of growth and the altseason, there should be a pullback. Although within the range of 96-94, if 90k is too harsh.

I think this will happen in the coming days, and it will be the starting point for the altseason.

Hang in there this week.