Some people see a drop to 80,000 or 70,000 as soon as there is a pullback. In the words that bearish traders may not like to hear but are very realistic and confident: rising to 120,000 is more than twice as likely as falling below 80,000! Haven't you seen that the monthly chart is about to start the next big bullish line? It is very normal to have 4-5 consecutive bullish candles on the monthly chart at this stage.

Remember a year-on-year logic, in the last Bull Market, btc almost broke 70,000 and had the opportunity to reach 100,000. Its starting point was around 3,600, while this round started around 15,600, raising the bottom plate by about four times. 100,000 is just a new milestone for this round of Bull Market. By the end of next year, it is conservatively estimated that there is still a pump space of 30,000 to 50,000 points above 100,000.
Many bloggers believe that the next three years will be a Bull Market because of the Republican Party's governance. I completely disagree with this point. If you can't even predict the long-term cycle correctly, why bother with coins? BTC has its own tight bear-bull cycle, and a Bull Market cannot last so long. Each major bull cycle typically lasts 12-16 months, with 16 months being the maximum. If the battle lasts more than half a year, the Spot will be back to its original state. The next btc Halving will occur on April 17, 2028, and from this point on, we can deduce that the Bear Market cycle will begin after April 2026.
By the end of next year, the Fed is sure to start releasing the timetable for stopping interest rate cuts and transitioning to rate hikes in 2026.