Blueport Interactive founder Wang Feng: Bitcoin may only see its first real correction point when it reaches 90,000 to 100,000
ChainCatcher news, Wang Feng, the founder of Blueport Interactive, shares his views on the Bitcoin market on X.The specifics are as follows:Bitcoin is likely to soon break through the previous high before the last bull market.After Bitcoin reaches between 90,000 and 100,000, it may be the first real correction point (there won't be a significant correction at the moment), then it will correct to 60,000-80,000, gather strength, take off again, and enter above 120,000.The Bitcoin halving is favorable, and there will definitely be short-selling sentiment, which may be negligible against the currently very strong ETF Bitcoin price increase.This time next year, it may be hard to see Bitcoin below 100,000. Similarly, it may also be difficult to see Ethereum below 10,000 at that time.Currently, the rise stimulated by the Bitcoin spot ETF has just awakened the traditional overall cryptocurrency market from the market winter, and it is far from entering the greed phase in the crypto market.