Quote from: EarnOnVictor on July 25, 2025, 01:05:57 PM

A barrier at $110,000 looks like a good one, even as the resistance at $120,000 is equally good. However, what I envisaged (not from analysis, but instinct) is that, just as we witnessed around $112,000 before that level finally gave up, so we will witness with $120,000. It's going to be a rollercoaster ride around $110,000 and $120,000 for the time being before we witness an eventual breakout.

How soon is what I don't know, but it will surely be at least in weeks or months.

I agree, at least for the time being, we are not going to see under 110k. Obviously when the bear run starts we may, but that means even under 100k, or under 90k and what not, it goes down until it reaches the bottom. We are not near that bear levels, so that means over 110k is guaranteed. That means, if you invest now, then for the short term you can't lose more than 5% and that is a good investment. The downside is that we can't make more than 10% neither, not in the short term at least.

We "may" make more, if there is a huge bull run that goes crazy, but we already ha da huge increase, so it would not be reasonable to expect it to do better than that. We need to see how this could be a thing that could be very important for all of us to just hold for this time to wait until it goes up, and do not sell out of fear.