KKLEE
11-22
Bitcoin hitting $100k tonight would be nothing short of a financial phenomenon, but let’s temper expectations with market realities. If it does skyrocket to this level, my profit-taking strategy would hinge on gradual selling. I’d start taking profits at around $110k, ensuring gains are locked in while allowing room for further growth.


The end of this bull market will likely coincide with a confluence of factors: aggressive monetary policy changes, regulatory crackdowns, or exhaustion of retail investor enthusiasm. Historically, sharp parabolic moves in crypto are often followed by corrections, but predicting the peak is an art, not a science.


This bull market’s true end will be written in hindsight—until then, I’ll keep riding the wave while sticking to my strategy.
Will Bitcoin Retrace to $90000? Buy or Sell?
Bitcoin dropped to a low of $93800 on Tuesday. 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?
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.

Comments

  • Tiger_comments
    11-22
    Tiger_comments

    congrats and welcome to post your trades when you take profits!

    wish you happy investing in tiger community~~

  • YNWIM
    11-22
    YNWIM
    Your cautious approach is wise
  • SkyaAngelbaby
    11-22
    SkyaAngelbaby
    That's amazing
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