Bitcoin (BTC) has exceeded $111,000, marking a new all-time high and generating notable enthusiasm in the market. Currently, its price is around $111,300, with an intraday increase of approximately 4%
📈 What can be expected now?
Analysts suggest that Bitcoin may be entering a phase of 'price discovery', with potential targets around $128,000. However, they also warn about the possibility of short-term corrections due to the inherent volatility of the cryptocurrency market.
⚠️ Considerations for investors
• Volatility: The cryptocurrency market is highly volatile; caution and proper risk management are recommended.
• Technical analysis: It is important to monitor key support and resistance levels to make informed decisions.
• News and events: Staying updated with news and events that may affect the market is crucial.
