Whale "First Set 10 Big Goals" Rebuilds Long Positions: Bullish on BTC Challenging $100,000 Before March Next Year

Odaily reports that the whale "First Set 10 Big Goals" stated that after closing previous short positions, he has re-established long positions in Bitcoin (BTC) and continues to maintain his medium to long-term bullish outlook. The significant support zone from the last bull market is around the $60,000 level, and the current mainstream Bitcoin mining cost is also concentrated in the $50,000 to $60,000 range, giving this area strong support significance. After BTC previously dipped to a low of $58,000 and rebounded quickly, it further validated his judgment on the support capacity of this zone.

He believes that over the past month, Bitcoin has completed sufficient consolidation and hand-changing of positions within the $58,000 to $63,000 range. Now that it has stabilized again near $66,000, conditions are ripe for further upward movement. It is not ruled out that there could be a volume-driven rally breaking through $72,000, initiating a new wave of trends. Additionally, valuations in the US stock market, especially for AI-related sectors, are already at relatively high levels, and future volatility may increase. Meanwhile, the correlation between Bitcoin and US stocks has notably decreased compared to past cycles. With continued institutional capital inflows and strengthening asset attributes, BTC is gradually forming an independent 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 emphasized 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 below and confirms his judgment as wrong, he will execute a stop-loss, stating: "Opinions can change, but discipline cannot." The core of trading is not to profit on every trade, but to control losses when wrong and let profits run when the trend is correct.