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Bitcoin reaches the historical level of $100,000. Now what?

This morning, Bitcoin has finally reached the $100,000 level—a milestone many have been anticipating for years. What can we expect now?

This possibility wasn’t off the table. As I mentioned earlier, it didn’t really matter if it grabbed liquidity at $100k or not. If the sentiment was already very bullish before, it has now reached extreme levels. It has attracted a lot of attention and is literally being featured on all mainstream media right now. Even world leaders are joining the excitement, with one president sharing screenshots of his profits. While this is good in the medium and long term, in the short term it could be another warning sign. Tops are always formed during times of extreme euphoria and when retail investors flood the market. Many people are expecting much higher, without even considering the possibility of a correction.

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