#BTC attacks 110,000

At the end of September and the beginning of October, before the BTC started, everyone was estimating that BTC would fall below 50,000 again, and even felt that the bull market had already ended.
At the same time node, BTC continues to fluctuate in the range of 90,000-100,000. The altcoins keep jumping up and down, I dare to assert that there will be another market movement at the beginning of January. Compared to the ETFs that have already entered the market, many institutions are still hesitating whether to enter the market. A lower buying position is the beginning of a forceful attack. At present, it seems that 85,000-90,000 would be a good position for institutions that have not entered the market. But it may not necessarily drop. I think 90,000 is an extremely strong support. Considering the long consolidation, once BTC starts to rise again, 110,000 might be too conservative, and 120,000-150,000 will be our target. #$GT持续突破历史新高 #2024 Gate.io 年度账单