⚡️It is now unanimously believed that

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6 hours ago

⚡️It is now widely believed that the $100,000 position for #Bitcoin is crucial!

Tom Lee has also rarely surrendered, indicating that the impact this time is indeed quite significant!

He stated that the previously announced target of $250,000 is no longer achievable, and BTC is very likely to reach $100,000 within the year, and "maybe" even set a new high.

Why is the $100,000 price for BTC so critical? —

At the price level near $100,000, 71% of the circulating supply of BTC is still in profit, and the current selling pressure mostly comes from long-term holders.

$100,000 is the historical fair price line, meaning it is the average premium of BTC relative to the average purchase price throughout its history.

According to historical backtesting, during the transitional phases of the previous two cycles of bull and bear markets, if BTC falls below the fair price line and rebounds multiple times but cannot hold, it will then enter a deep bear phase!

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