My Opinion: Realism or FOMO with $100k?
โIt's January 14th and the atmosphere feels electric. Bitcoin is "flirting" with $95,000, and although charts scream bullishness, my gut tells me this month is more psychological than technical.
โMy take on the situation:
โThe Glass Ceiling: $100,000 isn't just a priceโit's the "glass ceiling" of a decade. There's significant programmed selling pressure right at that figure. Many investors who bought in the previous cycle are ready to hit the "sell" button as soon as they see six digits, purely out of relief.
โThe "January Effect": We started the year strong, but the market is acting with smart caution. Unlike other years when we rose purely on speculation, today I see a solid foundation thanks to ETFs, but without the frantic buying that usually precedes crashes.
โPatience Pays Off: I wouldn't be surprised to see Bitcoin "sideways" or even retreat to $90k to test support before making the big leap. Sometimes, to jump a wall that high, you need to take two steps back and build momentum.
โWhat do I believe? If we don't reach it this month, it will be due to lack of time, not lack of strength. We're in the "waiting zone." The most dangerous thing now isn't that we don't reach it, but panicking if it takes a couple more weeks.
โHow do you see it? Do you think institutional pressure will push us above $100k before February, or does the market need a longer break? โ๐
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