In this solo commentary, Alexander Lorenzo asserts that Bitcoin is poised to reach or touch $100,000 before the end of the year. He bases this forecast on a technical analysis of a recent breakthrough of a major historical resistance level, which he interprets as a confirmed uptrend and a likely market bottom with an estimated 85% probability. Lorenzo also references statistical momentum models that suggest a resurgence of bullish momentum in January–February 2027, reinforcing his outlook. He acknowledges the possibility of a pullback to around $80,000, which he expects would cause significant altcoin bleed, but advises that such a move would not jeopardize short‑term positions. His trading advice emphasizes aggressive profit‑taking on short‑term, high‑risk assets, arguing that taking profit is never a wrong strategy. The overall tone is confident and instructional, aimed at traders seeking actionable insights.
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Bitcoin will hit $100K or at least touch that line before the end of the year. I truly believe that. I could be wrong about the projections, but I've been consistent about it, right? From a simple technical analysis perspective, this was a much bigger, in my opinion, resistance than what we're currently experiencing. So this resistance was— this was the breakthrough. So this was actually the big kahuna. So if you're waiting, if you're like skeptical, This was the one to be skeptical about, which is this resistance/support. Like, there's so much price action. This is the previous all-time high of last cycle. This is the one to be, to be sketched out about. And we broke through, right? We broke through clearly. To me, that's a super confirmed uptrend, like a super confirmed uptrend. And so what basically, long story short, to put it in layman's terms, This was the bottom. I'm like, uh, 85% chance it was the bottom. My personal prerogative. And that's not the only reason, obviously. It's just one perspective. Super simple technical analysis. I don't, I don't really use TA, but also like the timing, right? So according to almost every statistical model I've ran, uh, the momentum's supposed to kick back into the market January, February of 2027. That's right around the corner, right? So If we're getting this major breakthrough of like historical resistance and we only have a couple of months till January, I think the chances of it breaking back down over here are extremely low. Can we come back down to here? 100%. We can definitely come back over here. Actually, it would be probably a good sign. So I don't know, simple baby technical analysis: when previous resistance turns into support All right, this is bullish. So if we come back over here, test it, we can build more support. I wouldn't be surprised if it comes back down to like $80K. So for your swing positions, meaning the short-term positions, we always say to take aggressive profit with short-term positions. Any of the high-risk, low-liquidity coins, we're always recommending to take profit regardless if it comes down or not. But even if it came down, I would argue it might not wreck your positions. If it came down to $80K, it's typically you'll see a big bleed out if we move like down here or something, something like big like this. I don't know for sure, this is theory, but from my experience, this would have probably bled the altcoins pretty hard, if that makes sense. So again, nothing to be concerned, concerned with in my opinion, but not, you know, take profit, take profit. You can't lose taking profit. Practicing taking profit is never, is never ever a wrong thing. Making money Cannot be wrong. It can't. It can be wrong if you do it in a dirty way. I guess that's the only way. But I'm saying in the context of trading, taking profit and making money is never wrong. And if you think it is in your head, that's a problem with your head, not a problem with taking profit.
