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When Bitcoin finally breaks through that $100K barrier, you'll see some wild reactions. The bears who've been calling a crash at every thousand-dollar milestone suddenly go quiet—or double down even harder. It's the classic market play: the more unexpected the move, the louder the skeptics get.
There's something almost predictable about it at this point. Bears had their thesis: resistance here, inevitable pullback there, fundamentals don't support this level. But price doesn't really care about narratives, does it? It just keeps doing what it does.
The real question isn't whether bears are wrong or right in the long run. It's whether you're paying attention to what the market is actually saying versus what you want it to say. When BTC hits those round number milestones like $100K, that's when conviction gets tested and positions get reshuffled.