Will Yang|Nov 04, 2026 02:04
The logic for buying Bitcoin now is simple: risk-reward ratio. At the 77,000 level, even if it retraces to the previous low, it would only be around $10,000. Of course, I think we're currently in the early stages of a bull market, so it's unlikely to reach the previous low.
On the upside, there's still a chance to hit $100,000 this year, which is over $20,000 in potential. Next year will be the cycle for hitting new highs, because this round clearly saw a significant early surge.
Therefore, whether you're looking at short-term, medium-term, or long-term, the current position is very favorable.
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