Bitcoin Trader 'Set Ten Big Goals First' Still Sees $58,000 as Bull-Market Bottom, $120,000 This Year

The trader known as “Set Ten Big Goals First” posted an update on X about his Bitcoin market outlook and positions. According to Odaily, he said he had previously believed Bitcoin would be unlikely to fall below $78,000, and that it had remained above $79,000 until a recent black swan event pushed it lower. He had closed about two-thirds of his long positions near $76,000 to guard against a repeat of the extreme market move on October 11. After observing signs of stabilization over the past two days, he said he had rebuilt a full long position in the $76,000-$78,000 range. He maintained that $58,000 was the bottom of Bitcoin’s current cycle. He also put the first-stage bull-market bottom near $118,000, set a target of about $150,000 for the second rally, and said Bitcoin could reach $120,000 this year.