Bitcoin at $118,000! ๐ Will it rise higher or are we waiting for a correction to $100k? Let's find out! Hello, crypto enthusiasts! ๐ Bitcoin is back in the spotlight, and for good reason! The price has broken the incredible $118,000!
๐คฏ Fresh highs make the heart beat faster, but they also raise the question: What's next? Shall we continue to storm into space ๐ or should we turn back to earth for a correction to $100,000? ๐ป Let's think! ๐ฅ Arguments for CONTINUING THE RISE (Bullish scenario): Institutional Appetite Rises! ๐ The inflow of funds through Bitcoin-ETF ( especially in the USA) is not weakening. Major players are just beginning to allocate bitcoin in their portfolios. This is a MASSIVE source of demand! ๐ฐโก๏ธ โฟ Macro wind in the sails? ๐ฌ๏ธ Expectations for a decrease in interest rates by the Fed and other central banks this year make non-yielding assets (like BTC) attractive again. The weakening of the dollar is another plus. ๐ Halving Effect: It's been just a couple of months since the April halving! ๐ช Historically, the real rise of BTC often occurred 6-12 months after it. We may be only at the beginning of this cycle! โณ โก๏ธ๐ FOMO in Action: ๐ฃ New highs attract the media, public attention, and, most importantly, retail investors who "fear missing out" (FOMO). This can create a self-sustaining wave of purchases. ๐ Technical Momentum: Breaking key resistances ( like the $100k psychological barrier ) opens the way to the next targets ( $120k, $130k and above ). The chart looks strong! ๐ช โ ๏ธ Arguments for CORRECTION up to $100k (Bearish/Correction scenario): Overbought - Reality: ๐ According to many indicators (RSI and others ) Bitcoin looks heavily overbought on short and medium timeframes. The market desperately needs a breather. ๐ฎโ๐จ Profit = Sales: ๐ค Many investors who bought a long time ago or at lower levels ($60k, $70k, $80k), will naturally want to lock in profits at such heights. This creates selling pressure. ๐ธ Macro-Uncertainty: ๐ The global economy is unstable. Wars, elections, unexpected inflation data, or central bank policies can sharply dampen risk appetite and impact crypto. โ ๏ธ Regulatory Factor: ๐ฎ There is always a risk of negative news or actions from regulators in major jurisdictions (USA, EU). This can trigger short-term panic. ๐จ Healthy Correction - It's Normal! ๐ Even in the strongest bull trends, pullbacks of 15-30% are absolutely normal and even beneficial for consolidating the rise. A pullback to $100k from the current $118k is about 15%, which is quite within the range of a healthy correction. ๐ฎ My Expectations ( What Is More Likely? ): Honestly? Both scenarios have the right to exist right now. But if weighing the probabilities: In the short term (weeks): I assess the chances of a correction to $100k (or thereabouts) to be higher. ๐ค The market is too "hot", indicators scream overbought, profit-taking is inevitable. This is not the end of the rally, but rather a necessary recharge. โก In the medium to long term ( months): The bullish trend dominates. ๐ ๐ฅ The fundamental drivers (ETF, halving, macro) are too strong. After correction and consolidation, the chances of reaching new highs and moving towards $120k, $130k and above are high. ๐ In my opinion, the probability of this scenario is higher than (70/30) after the correction. ๐ก Conclusion and What the Investor Should Do: Don't panic during pullbacks! Corrections are part of the game. ๐ฏ $100k โ strong support. If a correction happens, this is a key level for buying. ๐ก๏ธ Discipline above all: Use risk management strategies (stop-losses, DCA - dollar-cost averaging). Never invest more than you can afford to lose! โ๏ธ Look into the distance: If you believe in the long-term potential of Bitcoin, the current volatility is just noise. ๐ญ Stay updated on the news: Data on ETF inflows, statements from the Fed, global events โ these are the fuel for the market. ๐ฐ Bitcoin at $118k โ this is a historical moment! โจ Will there be a correction to $100k? Quite possibly, and that's fine. But the overall vector, supported by strong fundamental factors, still points upwards. ๐ Hold on tight, be smart, and let your portfolios rise! ๐ช๐ What do you think? Write in the comments! We will be happy to discuss! ๐๐ #BTC #PUMP #DUMP
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Bitcoin at $118,000! ๐ Will it rise higher or are we waiting for a correction to $100k? Let's find out! Hello, crypto enthusiasts! ๐ Bitcoin is back in the spotlight, and for good reason! The price has broken the incredible $118,000!
๐คฏ Fresh highs make the heart beat faster, but they also raise the question: What's next? Shall we continue to storm into space ๐ or should we turn back to earth for a correction to $100,000?
๐ป Let's think!
๐ฅ Arguments for CONTINUING THE RISE (Bullish scenario):
Institutional Appetite Rises!
๐ The inflow of funds through Bitcoin-ETF ( especially in the USA) is not weakening. Major players are just beginning to allocate bitcoin in their portfolios. This is a MASSIVE source of demand!
๐ฐโก๏ธ โฟ
Macro wind in the sails? ๐ฌ๏ธ Expectations for a decrease in interest rates by the Fed and other central banks this year make non-yielding assets (like BTC) attractive again. The weakening of the dollar is another plus.
๐
Halving Effect: It's been just a couple of months since the April halving! ๐ช Historically, the real rise of BTC often occurred 6-12 months after it. We may be only at the beginning of this cycle! โณ
โก๏ธ๐
FOMO in Action: ๐ฃ New highs attract the media, public attention, and, most importantly, retail investors who "fear missing out" (FOMO). This can create a self-sustaining wave of purchases. ๐
Technical Momentum: Breaking key resistances ( like the $100k psychological barrier ) opens the way to the next targets ( $120k, $130k and above ). The chart looks strong! ๐ช
โ ๏ธ Arguments for CORRECTION up to $100k (Bearish/Correction scenario):
Overbought - Reality: ๐ According to many indicators (RSI and others ) Bitcoin looks heavily overbought on short and medium timeframes. The market desperately needs a breather. ๐ฎโ๐จ
Profit = Sales: ๐ค Many investors who bought a long time ago or at lower levels ($60k, $70k, $80k), will naturally want to lock in profits at such heights. This creates selling pressure. ๐ธ
Macro-Uncertainty: ๐ The global economy is unstable. Wars, elections, unexpected inflation data, or central bank policies can sharply dampen risk appetite and impact crypto.
โ ๏ธ
Regulatory Factor: ๐ฎ There is always a risk of negative news or actions from regulators in major jurisdictions (USA, EU). This can trigger short-term panic.
๐จ
Healthy Correction - It's Normal! ๐ Even in the strongest bull trends, pullbacks of 15-30% are absolutely normal and even beneficial for consolidating the rise. A pullback to $100k from the current $118k is about 15%, which is quite within the range of a healthy correction.
๐ฎ My Expectations ( What Is More Likely? ):
Honestly? Both scenarios have the right to exist right now. But if weighing the probabilities:
In the short term (weeks): I assess the chances of a correction to $100k (or thereabouts) to be higher. ๐ค The market is too "hot", indicators scream overbought, profit-taking is inevitable. This is not the end of the rally, but rather a necessary recharge. โก
In the medium to long term ( months): The bullish trend dominates. ๐
๐ฅ The fundamental drivers (ETF, halving, macro) are too strong. After correction and consolidation, the chances of reaching new highs and moving towards $120k, $130k and above are high.
๐ In my opinion, the probability of this scenario is higher than (70/30) after the correction.
๐ก Conclusion and What the Investor Should Do:
Don't panic during pullbacks! Corrections are part of the game. ๐ฏ
$100k โ strong support. If a correction happens, this is a key level for buying. ๐ก๏ธ
Discipline above all: Use risk management strategies (stop-losses, DCA - dollar-cost averaging). Never invest more than you can afford to lose! โ๏ธ
Look into the distance: If you believe in the long-term potential of Bitcoin, the current volatility is just noise. ๐ญ
Stay updated on the news: Data on ETF inflows, statements from the Fed, global events โ these are the fuel for the market. ๐ฐ
Bitcoin at $118k โ this is a historical moment! โจ Will there be a correction to $100k? Quite possibly, and that's fine. But the overall vector, supported by strong fundamental factors, still points upwards. ๐ Hold on tight, be smart, and let your portfolios rise! ๐ช๐
What do you think? Write in the comments! We will be happy to discuss! ๐๐ #BTC #PUMP #DUMP