Trader Nachi: Still Extremely Bullish, Firmly Believes BTC Will Surpass $200,000 in the Next 6 to 12 Months

BlockBeats News, October 22, Binance trader Nachi posted, "Last Friday, I closed all my short positions and fully switched to long perpetual contract positions. And now the market has given a strong confirmation - last Friday was likely the key bottom, and funds have finally started to flow from gold to Bitcoin."

In the next 6 to 12 months, I remain extremely bullish on the market and still firmly believe that BTC will surpass $200,000 and ETH will surpass $10,000."

Source

Correction/Report

RelatedRecommended

Exclusive interview with top trader Nachi: On the eve of the election, how do Binance's top 10 trading masters view the future of cryptocurrencies?

With assets growing a hundredfold in one year and profits of tens of millions of dollars from a single transaction, what is Nachi’s investment philosophy?

How much key market intelligence did you miss on November 5?

1. Hot topics: ARB, JTO, PONKE; 2. Biggest gains and losses: $TROY, $FARTCOIN, $MAGA; 3. On-chain fund movement: $9.6M flows into Solana, $24.8M flows out of Ethereum; 3. Top news: Binance and CZ lawyers file motion to dismiss SEC's "revised complaint"

If you could only choose one meme to hodl, which one would you hold onto during this Meme's bull market Supercycle?

Murad: "Meme coins are experiencing continuous growth on the Solana and Ethereum networks, and we are currently in the early stages of a Meme coin supercycle."

Crypto VC Takes $2 Trillion Story to Wall Street

US Stock Market Sets Its Sights on Cryptocurrency, Unyielding Coin Circle VCs Plan to Double Down.

On-Chain Activity

29min ago

TSMC October revenue NT$586.89 billion, up 59.7% year-over-year.

The trilateral talks between Russia, the US, and Ukraine began this afternoon.

Claude instantly bans Chinese passports, OpenAI restricts multiple accounts per card: Two AI giants tighten risk controls in succession.

A certain trader holds three short positions, with unrealized profits of approximately $1.34 million.

Correction/Report

Submit

Add Library

Visible to myself only

Public

Save

Choose Library

Add Library

Cancel

Finish

Trader Nachi: Still Extremely Bullish, Firmly Believes BTC Will Surpass $200,000 in the Next 6 to 12 Months

Trader X TwoEyes bets on the US ending lockdowns in November, holding $10 million in long positions on BTC and gold.

Oil's biggest bull is sitting on a floating loss of $12.7 million and has placed orders planning partial stop-losses.

ZEC plunged nearly 10% overnight, breaking below the long positions' cost line, trapping 22 millionaire whales.

A certain semiconductor short seller reduced nearly $10 million in positions, concentrated in SOXL and SanDisk.