If we can believe the price predictions below from Look Into Bitcoin, the next all-time high for Bitcoin will be at least $110,000. Over the past few years, Look Into Bitcoin indicators have been surprisingly accurate in predicting peaks and troughs for the Bitcoin price.
Should we sell at $110,000 during the next uptrend? This chart seems to indicate that.
Past results provide no guarantees for the present
However, remember that past performance is no guarantee of the present. It is possible that Bitcoin’s top will be much higher during the next bull run, for example because the whole world is jumping on Bitcoin due to the Spot Bitcoin ETF from parties like BlackRock.
On the other hand, it is also possible that we are headed towards a severe recession as a result of interest rate increases from the central bank, which may be much less positive than everyone now expects.
In principle, in financial markets, you should always take all scenarios into account and not focus entirely on one narrative.
Unless of course you like risk and are convinced that your only strategy is the ultimate strategy. Ultimately, the best way to trade the financial markets varies slightly from person to person.
Bitcoin price is over $100,000
Will we see Bitcoin price over $100,000 in the next cycle? This seems to be the next natural step in Bitcoin’s evolution, should another bull run occur in the foreseeable future.
The last bullish wave has already taken us to the $69,000 level in November 2021. In this regard, the move to $100,000 is no longer so big from this level. Especially if there isn’t much noise happening.
At such moments things can happen very quickly, as we can tell from experience.
Recent articles
The price of Solana witnessed a noticeable increase, as it rose…
Michael Saylor, known for his company MicroStrategy, recently appeared on CNBC to speak…
While the real Netherlands is slowly going into hibernation, in the digital world…
Solana doesn’t know how to stop! The price has risen again by 10% today. Still see…
Bitcoin has seen a real rally in recent weeks. The currency breaks resistance after…
The market has once again entered a phase where analysts are calling high, round numbers.