"Setting Ten Big Goals First": Still Believes BTC's Bottom for This Bull Cycle Is $58,000, with $120,000 Within Reach This Year

Odaily Report: The whale "Setting Ten Big Goals First" posted on X to update his Bitcoin market views and position operations. He stated that he previously believed the BTC $78,000 level would be difficult to break below, and the actual price had remained above $79,000 until the recent black swan event caused it to fall below that level. He had already closed about two-thirds of his long position near $76,000 to guard against another extreme market move similar to October 11.After observing market stabilization over the past two days, he has re-established a full long position in the $76,000 to $78,000 range. His core judgment remains unchanged, and he still believes that $58,000 is the bottom for BTC in this cycle. He further noted that the bottom of the first phase of this bull market may be around $118,000, while the target for the second leg up is double $78,000, or about $150,000, and he expects BTC to potentially reach $120,000 within this year.