Whale "Set 10 Big Goals First" rebuilds long position: bullish on BTC challenging $100,000 by March next year
Odaily Odaily reports that the whale "Set 10 Big Goals First" stated that after closing his previous short positions, he has re-established a long position in Bitcoin (BTC) and continues to maintain his medium to long-term bullish outlook. The important support area during the last bull market was near $60,000. Additionally, the current mainstream Bitcoin mining cost is concentrated in the $50,000 to $60,000 range, giving this area strong support significance. Previously, BTC dropped to a low of $58,000 before quickly rebounding, further validating his judgment on this area's ability to absorb selling pressure.
He believes that over the past month, Bitcoin has experienced sufficient consolidation and chip hand-changing within the $58,000 to $63,000 range. Now, having stabilized again near $66,000, the market is poised for further upside, potentially seeing a volume-driven rally that breaks through $72,000 and initiates a new wave. Furthermore, US stocks, especially AI-related sectors, are already priced at relatively high levels, and their volatility could intensify in the future. Meanwhile, Bitcoin's correlation with US stocks has notably declined compared to previous cycles. With continued institutional capital inflows and its strengthening asset characteristics, BTC is gradually forming an independent trend.
In the absence of systemic risks, the probability of Bitcoin falling below $60,000 again 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, he has set a trading invalidation zone for this long position between $61,500 and $64,000. If the market breaks below and validates his misjudgment, he will execute a stop-loss, noting: "Opinions can change, but discipline cannot." The core of trading is not about profiting on every trade, but about controlling losses when wrong and letting profits run when the trend is correct.
