Wynn expects short-term dip to $102. 9K before Bitcoin rebounds to new highsProminent crypto whale James Wynn announced via X (formerly Twitter) that he has significantly increased his long position in Bitcoin (BTC), expressing strong confidence in a near-term breakout to $112,000–$116,000, potentially within the next 24 to 48 hours. Key Highlights:BTC long positions added by whale James WynnExpects a brief dip to ~$102,900 to form a “needle bottom”Predicts a sharp rebound to $112K–$116K within 1–2 daysStrategy aims to flush out leverage and optimize re-entry levelsMarket Commentary From Wynn“I personally expect the market to quickly drop to around $102,900 to clear out leveraged positions and form a local bottom,” Wynn wrote. “That dip would give me a great opportunity to add more before we see a breakout to $112,000–$116,000, likely as soon as today or tomorrow
source: https://www.binance.com/en/square/post/24144017984737?utm_source=BinanceNewsRSS