
⚡ Set a big goal first: Still believes the bottom of BTC’s current bull cycle is $58,000, with potential to reach $120,000 this year. The whale “Set a big goal first” posted an update on X regarding his Bitcoin market outlook and position adjustments. He noted that he previously believed the $78,000 level would be difficult to break, and prices remained above $79,000 until a recent black swan event caused a breach. He had already closed about two-thirds of his long positions near $76,000 to hedge against similar extreme market moves. After observing market stabilization over the past two days, he has re-entered full long positions in the $76,000–$78,000 range. His core thesis remains unchanged: he still views $58,000 as the bottom of BTC’s current cycle. He further indicated that the first-phase bottom of this bull market may be near $118,000, with the second-phase target at double the $78,000 level—approximately $150,000—and expects BTC to reach $120,000 by the end of this year.
