The cryptocurrency reached its highest point on January 20, hours before Trump's inauguration; since then, its value has been below the psychological mark of US$100,000.
Interpretation of the movement:
Moderate increase: A 1.5% appreciation indicates sustained buying interest, but no signs of extreme euphoria.
Price Context: Bitcoin is at an all-time high, suggesting the market is very bullish, possibly influenced by:
Continuous institutional adoption.
Approvals or expansions of Bitcoin-based ETFs.
Changes in monetary policies (e.g., Federal Reserve rate cuts).
Warning: Being in a "discovered price" zone (with no clear prior resistance), volatility could be high, both for increases and sharp corrections.
Strategic recommendations:
1. If you already have Bitcoin:
Make partial sales if you have significant profits.
Set trailing stop losses (e.g., 5%-10% below the current price).
2. If you are thinking about entering:
Buy small amounts periodically to soften the impact of volatility.
Don't invest all your capital at once.
3. If you are just observing:
Wait for trend confirmations (clear breakouts above new levels or pullbacks for better entry prices).
Consider having liquidity available in case an attractive correction occurs.
4. General:
Diversify: Don't put everything into Bitcoin, even if the market is bullish.
Stay informed: Regulatory announcements, large whale movements, and economic news impact quickly.
How to interpret the scenarios?
A - Bullish trend:
If it breaks US$96,000-97,000 on strong volume, the next technical target could be symbolic (US$100,000).
B - Consolidation:
It can remain sideways for several days; a good opportunity to enter on pullbacks if you see confirmation.
C - Correction:
A drop below US$90,000 would not be the end of the bullish cycle, but it would be a warning to adjust strategies.
