🚀 #BTCBreaksATH — Bitcoin reaches a new all-time high!
BTC has just surpassed its previous All-Time High (ATH), marking a historic moment for the crypto markets.
🔍 Why it's important:
Renewed confidence from institutional investors.
Massive influx of liquidity, often triggered by ETFs or increased adoption.
New technical highs = triggering of automatic buy orders (FOMO).
This is often the beginning of a new bullish phase, but caution: profit-taking can follow very quickly.
📊 Possible strategies:
📈 Breakout trading: buy on the breakout, with a tight stop.
🎯 Price target: project the height of the last consolidation.
🛑 Risk management: beware of extreme volatility post-ATH.