Whale "First Set 10 Major Goals" Rebuilds Long Position: Expects BTC to Challenge $100,000 Before March Next Year

Odaily reports that the whale "First Set 10 Major Goals" stated that after closing his previous short positions, he has re-established a long position in Bitcoin (BTC) and continues to maintain his mid-to-long-term bullish outlook. The key support level from the last bull market was around the $60,000 mark. Currently, the mainstream Bitcoin mining cost is concentrated in the $50,000 to $60,000 range, giving this area strong support significance. Previously, BTC quickly rebounded after dipping to a low of $58,000, further validating his assessment of its support capability in this range.

He believes that over the past month, Bitcoin has undergone sufficient consolidation and position swapping within the $58,000 to $63,000 range. Having now stabilized around the $66,000 level, the market has the conditions for further upward movement. He does not rule out the possibility of a volume-driven surge breaking through $72,000, initiating a new rally. Additionally, valuations of US stocks, especially AI-related sectors, are at relatively high levels, leading to potentially increased volatility going forward. Meanwhile, the correlation between Bitcoin and US stocks has noticeably decreased compared to previous cycles. With sustained institutional capital inflows and its strengthening asset attributes, BTC is gradually forming an independent market trend.

In the absence of systemic risks, the probability of Bitcoin falling back below $60,000 in the future is decreasing. He predicts that BTC has a high likelihood of challenging $100,000 again around March next year. However, he emphasizes that being bullish does not mean ignoring risks. Currently, this long position has set a range of $61,500 to $64,000 as the invalidation zone. If the market breaks down and confirms his judgment is incorrect, he will execute a stop-loss, stating: "Opinions can change, but discipline cannot." The core of trading is not making a profit on every trade, but controlling losses when wrong and letting profits run when the trend is favorable.