Bitcoin: Between Rise and Fall… Is it the Right Time to Enter?
Bitcoin has captured attention again after a strong rebound from low levels. Over the past few days, the price has ranged between $101,000 and $103,000, amidst a state of anticipation from investors.
But is this the right time to buy?
Some analysts believe that the market is preparing for a big move, especially with the price action converging and low liquidity. With the decline in open interest on contracts, we may see a breakout soon in either direction.
If you're thinking of entering, you need to be mentally and financially prepared for any fluctuations. The market is always full of opportunities… but there are also risks.
What do you think? Will Bitcoin break above $104,000 soon?
Share your opinion in the comments!
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