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Is a new wave of BTC market about to start? Let me share my thoughts, history always repeats itself.
Currently, the trend in recent months has closely replicated the trend in 2023, with a surge in October and then a very strong upward consolidation, reaching its peak on January 10th when the ETF was launched.
And this time it's the same, starting To The Moon in October, consolidating at the end of November and beginning of December, with too many buyers and not falling. It's very likely to continue to skyrocket to around 120,000-140,000 in January, just in time for Trump and Musk's inauguration dates. I think the probability of this trend forming is very high.
While short-term investments are affected by various news, such as the meeting tomorrow night of Microsoft, the world's largest company by market capitalization, to discuss whether to invest in BTC. The outcome is unknown. Once approved, BTC will rise by at least 10%, while if not approved, it may experience a slight pullback.
So the general direction is to see a high point of 120,000-140,000 on January 20th, and DOGE will also benefit from this. As for the short-term, we can look forward to the Microsoft meeting next Tuesday night, hoping for everything to go smoothly.