James Wynn: If Bitcoin reaches a peak of $118,000-122,000, the market may see a cooling or sideways movement
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whale James Wynn disclosed on X platform that he has updated his small Bitcoin long position and claimed to have obtained a profit of around 110,000-111,000 USD through reducing positions. James Wynn added that Bitcoin is eager to break through, and his personal price target remains to break through 115,000-118,000 USD by next weekend, though this price level might even occur within a few hours. However, once Bitcoin reaches a peak of around 118,000-122,000 USD, the market may cool down and show some sideways fluctuations, and then things will become very interesting. Additionally, James Wynn also mentioned "altcoin season" in his post.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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