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James Wynn: If Bitcoin reaches a peak of $118,000 to $122,000, the market may see a cooling or Sideways.
Odaily News Whale James Wynn posted on the X platform revealing that he has updated his small Bitcoin long positions and stated that he has made a profit of around 110,000 to 111,000 USD through reducing positions. James Wynn further added that Bitcoin is eager to break through, and his personal price target for next weekend remains a breakthrough of 115,000 to 118,000 USD, although this price point could happen even within a few hours. However, once Bitcoin reaches a peak around 118,000 to 122,000 USD, the market may cool down and experience some horizontal fluctuations, after which things will get very interesting. Additionally, James Wynn also included the caption “alt season”.