After breaking the 100,000 mark at the beginning of December, Bitcoin has experienced significant price fluctuations, despite testing the range of 96,000-102,000 multiple times in December, the overall trend still shows considerable volatility.
Ten days ago, Bitcoin reached an all-time high of 108,353, then fell below the 100,000 support level, further declining to below 98,000 during the Christmas period. It now seems that larger fluctuations may occur in the next few weeks.
As the end of the year approaches, liquidity in the market is increasing. The position at 94,000 is a short-term focus point, and if it falls below 92,500, then we need to look down to 86,000.
There are both good and bad aspects; relatively, if there's a surge, we could see a high position, but it's hard to say now, so as not to be viewed as a fool looking back at a million during a bull run.
So far in the fourth quarter, Bitcoin has achieved a growth of 48.15%, and since the beginning of the year, it has increased by 122%. One can only say that value investing is not a problem.
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