The giant whale "sets ten major goals": still believes that the bottom of this round of the BTC bull market is 58,000 USD, and it is expected to reach 120,000 USD within the year

The whale "Set ten big goals" updated its Bitcoin market views and position operations on the X platform. He stated that he previously believed the BTC price would struggle to break below the $78,000 mark, but the actual price has remained above $79,000 until it fell below that level after a recent black swan event.

He had previously closed about two-thirds of his long positions near $76,000 to guard against a similar extreme market situation occurring again. After observing market stabilization over the past two days, he has re-entered full long positions in the $76,000 to $78,000 range, and his core judgment has not changed; he still believes that $58,000 is the bottom of this cycle for BTC.

He further pointed out that the bottom of the first phase of this bull market may be around $118,000, and the target for the second round of increases is double the $78,000 mark, which is approximately $150,000, and he expects BTC to reach $120,000 within this year.