2026-01-06 01:21:35

On January 5th, Bitcoin started to stir again, directly rebounding above $94,000. A group of analysts and internet celebrities began to get restless. Among them, well-known Korean figure Kim Young-hoon boldly claimed that Bitcoin would break the $100,000 mark within 48 hours.

But to be honest, this guy's prediction record isn't very impressive. In November last year, he confidently said that Bitcoin could surge to $220,000 within 45 days, but as everyone saw, that didn't happen. However, his recent comments still attracted a lot of attention, and the buzz has indeed picked up.

Interestingly, industry analysts have instead poured cold water on the rally. They pointed out that this wave of increase is mainly driven by stock market sentiment, in other words, a rebound in risk appetite. But to say this market can soar to the sky? Lacking the necessary ingredients. The kind of panic buying or structural positive news that would propel rapid surges is nowhere to be seen right now.

On-chain data further illustrates the issue. The actions of long-term holders indicate that this round is mainly about major players adjusting their positions and reallocating their chips. True extreme demand? Not yet. So, how high this wave can go depends on whether there will be genuine catalysts in the future.

BTC3,58%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
6
Repost
Share

Comment

0/400

TestnetNomad

· 01-08 20:37

Jin Yongxun, this guy, is starting to talk nonsense again. What about the prediction of 220,000 last time? Just listen and don't take it seriously. Basically, institutions are manipulating chips, retail investors are still dreaming. This wave lacks a real catalyst; without panic selling or positive news, how can it soar? The stock market sentiment is being boosted, and then? It will either pull back or continue to fall. Just watch the show. Top players are adjusting their positions; we need to see clearly who is cutting whom's leeks.

View OriginalReply0

bridge_anxiety

· 01-08 00:21

Here we go again, here we go again. Kim Young-hun, this guy is really a traffic harvester in the prediction world, haha.

View OriginalReply0

LiquidatedAgain

· 01-06 01:50

Once again, got caught in a scam? That guy Kim Young-hoon just survives by bragging; 47 days ago he said 220k, today in 48 hours 100k. This lousy prediction success rate is even worse than my random guesses... Forget it, I'll keep quiet.

View OriginalReply0

MetaverseLandlord

· 01-06 01:48

Jin Yongxun is bragging again. Has this guy ever been accurate with his predictions? It's just the stock market driving things again, with no real positive fundamentals. Wake up, everyone. Major players are rebalancing their portfolios, retail investors are still buying the dip. Same old story. 48 hours to break 100,000? Wake up, check the on-chain data first. There are no structural positives at all. How can it soar to the sky? Dream on.

View OriginalReply0

ForkTrooper

· 01-06 01:47

That guy Kim Young-hoon is at it again, I still remember that wave at 220000, lol. It's another top-tier rebalancing, and there's no catalyst. Basically, it's just a rebound, so don't get too excited. Breaking through 100,000 this time feels uncertain; the stock market sentiment won't last long.

View OriginalReply0

PanicSeller

· 01-06 01:29

Jin Yongxun's prediction ability is really worrying. He's trying to ride the hype again. It's the same old trick. When Bitcoin rises a little, he starts dreaming. Wake up, everyone. On-chain data is right there; it's just the whales washing chips. Don't be led by the rhythm. Wait, will it really break 100,000? Feels like something is still missing. To put it simply, it's a rebound. Don't expect a skyrocket. It's easy to get caught with losses if you go in now.

View OriginalReply0