BTC is approaching $100,000, is a big pullback coming?

To be honest, the price of the coin has already reached over 98000. Honestly, the price is really high, and there will definitely be many people selling for profit at this level. But have you noticed that every time it dumps and falls, it is immediately pulled back up by a large number of buyers. The strength of the longers is obviously stronger than that of the shorts! The reason is that Trump took office on January 20th, and Ethereum is scheduled to upgrade in March. These are all Favorable Information, and Favorable Information has not yet been realized. So we still need to have confidence and continue to hold patiently, so as not to get whipsawed out of positions, otherwise the cost of getting on board later will be higher!
The current market downturn is limited, pump is infinite. Personally, I think it's better to first calmly hold onto my holdings and patiently wait for the day when it breaks through one hundred thousand. After breaking through one hundred thousand, once it breaks through a round number threshold, it generally continues to rise further. After the Favourable Information is released, we can then exit at the peak. However, if you are worried about a pullback at the moment, you can also reduce a portion of your position, so you won't panic about the fluctuations!
Institutional investment generally belongs to the category of medium to long-term investment, and they won't leave until they obtain satisfactory profits. Only retail investors like to engage in swing trading back and forth, so as long as the institutions do not choose to dump and exit, there is almost no possibility of Depth pullback.
Personally, I think it's still possible for the peak price of BTC to break through 150,000-200,000 in this bull market. Let's witness the arrival of the crazy bull together!
#BTC# #ETH#