The $100k mark is a crucial psychological and technical level for Bitcoin. Just as 20k and 50k consolidated as support after previous highs, 100k could follow suit.
[Technical Rationale]
1️⃣ Market Psychology: Round numbers attract large buying and selling volumes, becoming key support and resistance zones.
2️⃣ Bitcoin History: In previous cycles, Bitcoin established new support at values previously considered high. Example:
✅ 2017-2018: 20k seemed like a top, but then became support. ✅ 2020-2021: Surpassing 20k, it never went back below. ✅ 2024-2025: The same could happen with 100k.
3️⃣ Limited Supply and Halving: With 21M BTC available and a reduction in issuance each cycle, scarcity strengthens appreciation. 4️⃣ Institutional Adoption: Large investors accumulate BTC, increasing demand and consolidating new supports.
🔍 How to validate this? • Analyze previous Bitcoin cycles. • Observe the entry of large players into the market. • Consider the impact of halving on scarcity.
💡 While 100k is not consolidated as support, any value below it is an excellent buying opportunity! $BTC #bitcoin
Keep an eye out for news on cryptocurrency-focused portals on the following topics: • Bitcoin Double Top • US Interest Rates and their Impact on Bitcoin
The Bitcoin chart recently showed a double top pattern, a technical formation that historically suggests a possible price correction. Analysts speculate that the price could fall to the $75,000 range. However, it is important to note that the 200-day moving average often acts as a significant support. Many investors, including myself, use this reference as a strategic buying point.
Regarding interest rates in the United States, a Federal Reserve meeting is scheduled for the 29th of this month. On these occasions, especially during interest rate audits at the end of the month, Bitcoin tends to be volatile, either with drops or sideways movements.
Study the market, analyze the scenarios and avoid impulsive decisions. Remember: patience is essential in the investment universe. There is no need to rush – the market will be here tomorrow.
Finally, it is worth emphasizing: Bitcoin is not a casino. Invest wisely.
Today is a great day for those who bought Bitcoin despite the uncertainties. In fact, every day is wonderful just knowing that my money is not a FIAT memecoin!
Buy Bitcoin despite the uncertainties, especially if everyone is selling and the price is falling. Buy Bitcoin even though it is at the top and everyone is saying it will fall. In 5 or 10 years, those of you who didn't buy it will regret it.
Now... If you are anxious and have no patience, then study. Especially about moving averages - especially the 200-period moving average - study the charts and don't be driven by greed.
However, if you think that everything said here is a waste of time. Then have fun with memecoins and hold an altcoin for a long time. Just imagine the happiness of those who held the main altcoins for 5 years, knowing that their asset appreciated more than Bitcoin, the tears of joy of those who buy memecoins and it continues to appreciate even after everyone who bought them has already withdrawn their money. Really, buying Bitcoin and being patient is a bad deal!
"Whoever doesn't join Bitcoin TODAY will soon understand who didn't join electricity, the internet, companies that didn't join online sales, and everyone who didn't join a major technological evolution."
You'll probably be alive during the last Bitcoin halving. Do you want to get there with 2/3 of your assets in Bitcoin or with all your assets in FIAT memecoin, which the State can take at any time?
Don't sell Bitcoin, buy it! Don't exchange your real money for FIAT memecoin just because you think it's worth less.
Bitcoin's plan is long term. Those who trade in the short and medium term will always be dominated by the fear of losing money. However, remember: If you haven't sold your asset, then you've never made a loss.
Look at the total chart (since the beginning) of Bitcoin, it always goes down, stays down and rises above the last peak. We are just beginning to enter the best period to buy Bitcoin.
"The nostalgic period when Bitcoin was still below 100 thousand dollars."