Is Bitcoin really on its way to $100,000?

Anticipation of the daily chart of the rolling Bitcoin price remains in the range of $32000. It still knows some apprehension and reservatio...

Anticipation of the daily chart of the rolling Bitcoin price remains in the range of $32000. It still knows some apprehension and reservation, as many are still warning of this volatility, preferring to wait for its price to move to a safer area.

In the lower deadlines, most seem to be leaning toward bears. Therefore, they bet on more short-term flaws. Trader Josh Rager warns Bears of BTC's pricing power to lead even at its worst.

The pseudonym Dan Crypto has the opposite bias. This trader also compared Bitcoin to other cycles and believes that this and other cryptocurrencies are not in the long-carrying market, but at a key moment in the cycle of confusion.

I believe that the current session is not over, and that we will see ourselves moving to new highs by the end of this year, and perhaps Q1 in 2022 if I have to guess.

Bitcoin and its random cycle, will history repeat itself?

Dan Crypto argued that the recent Bitcoin 4 cycle could be divided into those containing smaller solutions and milling new heights, as shown below.

The current cycle could be more explosive with a big peak in the middle, the last historic peak of Bitcoin at $ 64. 000, and a few months of "loaded market." After this period, the code must recover and return to former and new heights by the end of the year.

We see a major correction, and then the price starts to rebound and a new cap is set about 4-5 months later. After that, it lasts for a while, until it sets the cycle high and starts the biggest endurance market.

According to this forecast in December 2021, the cryptographic market should show signs of recovery if it break this "short bear period," as called for by the operator.