I am going to sleep, in a creek hotel without paddle. Wake me later tonight when BTC hits $100,000.
I guess you will still be sleeping by now because bitcoin has not hit $100k ever since you started sleeping since 21of November 2024 till date. No worries about bitcoin $100k we will surpass this stage. Verry soon the next price peg will be positioned on 200k by then we will all start over speculating to hit $200k. Bitcoin growth is endless so we will keep expecting new Hight. And Buddy don overly be excited cause I've heard over excitements kills.
It may take longer to wake up him from his sleep. We're in in the retracement, and may be back to the 88k. The worst narrative is that if we may see bitcoin goes back to the 72k in december, and OP shoul have waited much longer until Bitcoin will officially break 100k.
It's currently in the demand zone (94k - 95k), and 1 day chart didn't look good for bitcoin. We may be seeing it goes down lower than 94k in the next days.
I hope OP can be patience enough to wait until BTC to breaks 100k, which likely to happen in Q1 2025. Even if I presume op will still be sleeping since bitcoin has not hit $100k, I don't think he will still be sleeping till the Q1 of 2025. I have the conviction that sooner or later this Q4 of this 2024 that bitcoin must surely hit $100k then maybe we might expirence correction by Q1of 2025. We still have 1 month and 4 days for this season to end, so there is a high chance of bitcoin to hit $100k. If bitcoin increase from $67k or $69k to $99k within the space of 1 month then the possibility to achieve $100k is high. But thought bitcoin is highly volatile which means anything can happen too. It may as well experience correction from here but we hope to hit $100k this end of the season.
100k is probably achievable at the first quarter of next year, and not the last month of this year. I have speculated that we might be seeing BTC to decline, and i have forecasted it in another thread. We may be seeing a small bump to happen, but it won't be long. We may be seeing btc goes down to 86k this or next week.
,
It's not the right time to open a position to buy bitcoin, and please, take a look at its 1d chart. It's now in the FVG area, potentially moving down to the 94k. I remind you that BTC might not move up forever. We had experienced negative returns in December many times, and i think december is gonna be the right time to buy, not now.
I know it gets hyped due to the US possibly listing BTC as a strategic reserve. I always try to find the right time to buy bitcoin. Just because it's always moving up, then you open a position at peak price, then it's dumping and you lose your money.
A smart trader is always watching FVG, supply and demand area of bitcoin before try to enter the market. Patience is key.
Bitcoin is now in the demand zone, but potentially goes down lower to the FVG area if it breaks it tonight. I have sold all of my btc, and waiting to buy back at the bottom once it reaches 76k range in the future.
Don't let FOMO to drive you to enter at the wrong position. I emphasize it again, patience is a key.