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11-14 21:41

$Bitcoin Well Inc.(BCNWF)$ @Buffett Investment Tracker 

Bitcoin’s Road to $100K: Take Profits or HODL Strong?

Bitcoin’s recent climb to $92,000 stirred up a lot of excitement, but with the pullback, we’re all wondering—where’s it going next? Is this just a brief cool-off, or should we expect more turbulence?

To Hold or Take Profits?

Bitcoin has shown incredible resilience, and many analysts believe $100K is only a matter of time. Personally, I think that Bitcoin’s long-term fundamentals—scarcity, increasing institutional interest, and its position as “digital gold”—still make it a strong hold. However, with market sentiment cooling, it may also be smart for some to consider locking in partial profits around these highs to manage risk.

When to Expect $100K?

With the halving event approaching in 2024, I see a real possibility of Bitcoin breaking $100K within the next 12-18 months. Historically, the halving has driven prices higher by limiting supply, which could create a similar effect this time. But as always, we have to be ready for Bitcoin’s infamous volatility.

Bottom Line:

For long-term believers, the path to $100K may be worth holding through the pullbacks. But if you’re more cautious, taking partial profits could be a smart move. What’s your game plan—are you taking profits or HODLing for the big six-figures? 🚀

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• #DigitalGold

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[Miser] 



[Miser]  

Bitcoin Cooling Off: Hold for 100K or Take Profits?
The Bitcoin enthusiasm seems to fade out recently after it hits $92000. ----------- Is the pullback over or not? When will Bitcoin hit $100,000? Will you take profits now or hold until $100k?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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