Bitcoin has consolidated near the key point at $100,000, a common occurrence when it hits a key resistance level. Therefore, the coin will likely rise to $122,000 initially, then pull back in the second quarter and zoom to $200k in the fourth quarter. $122k is a notable level because it is the target shown by the C&H pattern.
Predicting the direction of the cryptocurrency market (up or down) is inherently speculative and risky due to its extreme volatility, sensitivity to external factors, and lack of centralized regulation.
The crypto market remains in a high-risk, high-reward phase. While long-term adoption trends are positive, short-term volatility is unavoidable.
Prepare for both scenarios (up/down) and invest only what you can afford to lose.
