The market is currently in a fragile state, as this week's dip has shown signs of instability. The last time we saw this kind of pattern was just before the previous crash. While I’m not looking to spread panic, I really hope this isn’t a repeat of that scenario, and that the market can hold steady.
If past trends are anything to go by, we could see a market downturn once Bitcoin hits a new high. However, if these trends are broken, there’s still a chance for the market to rise. That said, smart investors are likely already planning their exits, so it might be wise to hold off on entering or making drastic moves right now. Those who are already invested should focus on securing a safe exit strategy.
