#BTCBreaks99K
A historic opportunity or a trap for beginners?
The Bitcoin reaching a level of $99,000 is not just a number, but a strong signal of a radical shift in market behavior. But remember: when the market rises quickly, the likelihood of a sudden correction increases. At this critical time, here are the most important tips:
1. Don't act on your emotions: Don't let the fear of missing out (FOMO) drive you to buy at the peak.
2. Watch momentum indicators like RSI and MACD; if they indicate overbought conditions, beware of a reversal.
3. Always use a stop-loss order, especially at these high levels.
4. Consider dollar-cost averaging (DCA): don't invest all your capital in one go.
5. Monitor whale movements and exchange wallets; their entries or exits could be an indicator of the upcoming market direction.
Do you think Bitcoin will break $100K soon? Share your opinion!