Bull Huang
11-10

Bitcoin’s leap to nearly $80K has reignited the hype, fueling whispers (and hopes) of $100K. After years in the crypto winter, it’s tempting to think the ice has finally thawed. But here’s a thought: is this rally sustainable, or is it a rush after sentiment that could fade as fast as it flared up?

🔥 Winter’s Over, But… While the long chill seems to have ended, the risk of a “recorrection” is real. For those who think Bitcoin’s run is unstoppable—remember, hype isn’t a growth strategy. With all the recent gains, a pullback could be lurking just around the corner.

Opportunities for the Bold (and Risk Takers) Short-term traders may see juicy opportunities, but it’s risky territory. Bitcoin might correct soon, but unlike past crashes, it’s unlikely to fall too far this time. So there’s potential, but a cautious approach could be the best bet.

So, will Bitcoin hit $100K? Possibly. But don’t ignore the storm clouds for the sunshine. If you’re in, be ready for twists, turns, and maybe a cold breeze ahead. 🧐

BTC Retraces to $96000: Buy the Dip or Exit Now?
Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term. ------------ What's your target price for Bitcoin in 2024? Is it good time to buy the dip or exit from Bitcoin?
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