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Bitcoin Forum / Re: historic $100k
« on: December 05, 2024, 11:54:16 PM »I was totally surprised to see how BTC just touched $100k because I was not expecting it to hit $100k even in 2025 and it really hit it and outperformed all of our expectations, although I alread considered that it has touched $100k target because touching 98k is same for me.
Overall, I don't regret because I did not sell my BTC yet but only half and half I sold I am now using in alts but to be hoenst the one half in alts is not making me enough profit that the other half in BTC is making me now haha. BTC is the king now I think BTC will easily touch $150k and it should be very easy for it too. What you think?
Well, if you don't sell, you already missed the opportunity to make a profit on that spike. Now it drops back again to $98k we don't know if it spikes and crosses again to the $100k level.
There might be some weak hands out there who sell their holdings after seeing $100k+ level.
Let's see this week if it would touch again to $100k because, from the historical data, we should see a bearish season this month or next year in January and that's the start of altcoin season.
I completely agree with this. I have been using a DCA method and holding BTC for years now, and I think people like me are starting to get scared. Will BTC really hold this 100k mark? Long term fib-analysis says this looks like the peak for now. I am considering a pretty large sell into tether (temporarily, which I will DCA the inevitable dip/bear season) and also top Altcoins before their peaks (ADA, RENDER, SOL, which will hopefully peak Q1 2025). Trying to do my best to mitigate risk. Does this seem like a good strategy? Does anyone have any advice?