I believe the most probable target price for Bitcoin in this wave is 87,000 USD, the current price height is about 12% away. Correspondingly, some popular altcoins are driven upwards by a rebound of roughly 50%. Strong altcoins have clearly doubled within a day or two, with expectations of 3-5 times. Therefore, one should be cautious.

CN
1 month ago

I think the target price for Bitcoin this time with the highest probability is 87,000 USD

The current price is roughly 12% away

Corresponding to some popular altcoins being driven upwards, the rebound is roughly 50%

Strong altcoins are clearly those that have doubled in just a couple of days

If expecting 3-5 times, then one should be cautious

So, I also bought some altcoins, just to see if the bets are right...

After the market enters a large range of fluctuation patterns, first define Bitcoin's volatility range

Then consider others...

In fact, with the market reaching this level, solely being bearish to 50,000 or even 20,000 or 30,000 USD is no longer feasible

Because the risk-reward ratio and win rate are both declining

If the fundamentals improve and the technicals break through, then the trend won't maintain a major one-sided downward trend as you wish

The market won't reach a conclusion in one step, even if in the future it goes to 50,000 or even lower

The probability is that this wave will not be it~

#BTC


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