BTC hits 100,000 and keeps rising, selling more as it goes
1. One and a half months ago, when buying BTC at 83,000, the target was to rebound to 100,000 in January, and now it's just a step away 2. Above 100,000 is a major distribution zone that has lasted for half a year, gathering a large number of trapped positions 3. The final rebound will be between 99,000 and 107,000 4. The rebound is expected to end in February, and the market will re-enter a bearish trend
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC hits 100,000 and keeps rising, selling more as it goes
1. One and a half months ago, when buying BTC at 83,000, the target was to rebound to 100,000 in January, and now it's just a step away
2. Above 100,000 is a major distribution zone that has lasted for half a year, gathering a large number of trapped positions
3. The final rebound will be between 99,000 and 107,000
4. The rebound is expected to end in February, and the market will re-enter a bearish trend