When it Was at 74k, Everyone Hoped for a Drop to 50k-60k. Now at 95k, How Many Want it Back at 74k?

No analysis today. I see many eyeing 100k or 130k targets. But seriously, if this is truly a bull run, where’s the supporting data? No interest rate cuts, no balance sheet reductions, no macro easing. Just pumping for what? To bail out those trapped at previous tops?

Fine, let’s assume it’s a bull run. Will it surge 40k points like when the previous administration took office? You were afraid to buy BTC at 74.5k, but now you’re rushing in at 95k? Sure, we might see 300k or 500k Bitcoin someday, but that’s cycles away, folks.

I prefer trading based on technical analysis rather than hype. News just amplifies existing trends. If BTC forms a pivot between 91.7k-95k on the 1-hour chart, that’s a trend divergence. Why not take a few hundred points there? Even if I’m wrong, I’ll take the trade! If this is truly a bull run, wouldn’t a 7-8k pullback be normal? They can’t reach 130k-150k without shaking out the weak hands first.

I’m not stubborn about direction – I adjust constantly, mixing trend and short positions. I told you I’d hold my 74.8k position to 85k and 95k (which paid off), and yesterday’s short from 91.7k to 95k also worked. You know what makes retail traders lose money? Fear of missing out!

Remember that SOL at 145? Guess who’s doubled their money now?

BTC 112,253.73 +2.32%