🔸The Best Time to Buy Bitcoin: Two Key Scenarios:

If you are thinking about buying Bitcoin (BTC) now that it is close to historical highs, there are two key points to consider for a good entry, according to expert Markus Thielen:

1. The Best Option: If the Price Drops to $111,673

The ideal scenario for buyers would be if Bitcoin retraces to $111,673. This level was an important resistance in May and could now act as strong support. Buying here would offer the best risk-reward, as the potential gain would better justify the risk. It is common for markets to "revisit" these breakout points before continuing to rise.

2. The Alternative: If the Price Exceeds $120,000

If Bitcoin does not retrace and instead sustainably exceeds $120,000, this could also be an entry point. This level would represent a clear breakout from a recent downtrend. However, in this case, it is recommended to use very tight "stop-loss" orders to limit potential losses, as the risk would be higher without a prior correction.

Currently, Bitcoin is around $119,500. $BTC