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Cryptocurrency Price Speculations / Re: 100K mark crossed, what's the next destination?
« on: December 11, 2024, 10:46:06 AM »And for now, after Bitcoin finally reached $100k, even the new ATH is $103,900 from CMC data, and made the price of altcoins also soar rapidly a few days ago, now is the time for a correction. Yes, when compared to the previous 7 days, indeed, the crypto market has fallen quite drastically. If Bitcoin may not be too deep because it is still in the range above $95k. But it really affects altcoins. Even some of the altcoins' corrections turned out to be quite deep. Like SOL, XRP, ADA, TRX, and several other top altcoins have experienced corrections of more than -10% in the last 7 days. Wow, many people are panic selling because of this. Even though if we want to take the positive side, this is actually a good time to increase portfolio accumulation, right?Currently, as BTC cannot decisively break through $100K and returns to the $95K-99K zone, many investors are starting to worry about a severe correction that will come to BTC and the entire crypto market when many large funds may sell BTC to take profits. I cannot predict short-term market fluctuations, but I believe 2025 will still be a successful year for BTC and my action is to continue holding BTC & ALTs.Historically, December has not been a red month, and if the reason for the rise was Trump's arrival in the White House, I believe that we will not see a strong correction in December and January, and therefore it is unlikely that we will see prices below $80,000.
I invested in TON at 6.5$, that dropped quite high, so I am not worried rn. cos I believe everything will be back as it was and it is perfect time to accumulate.. Tho you gotta be careful, the risk is everywhere. Invest as if you think you don't need that money.


BTC is stlll down at 98K. so just a matter of time before it reaches to 100K again and hits another ATH