#BTC重返10万

Hello everyone, this is Yuxiao. Next, I will share my views here daily.

Recently, the price of Bitcoin has been very close to the historical high resistance area. From the chart, this may bring some short-term pullbacks or consolidation, which is a normal phenomenon during the upward process.

However, it is worth noting that after sufficient consolidation, we have reason to believe that Bitcoin still has upward momentum; in the future, we do not rule out the possibility of continuing to break through historical highs, aiming for targets of 113,000 or 120,000.

To summarize the current view:

Currently close to the historical resistance area, short-term caution against pullbacks;

Still bullish in the medium to long term, structure has not been damaged;

If breaking through the historical high, the target area may be between 113K and 120K.

Personal opinion, for reference only, no investment advice, DYOR!