Today, the price of Bitcoin surpassed $106,000, and many are talking about a record monthly close that is a strong sign of the continued upward trend. Investors are eager to buy even at these high levels, indicating a state of enthusiasm and perhaps a fear of missing out (FOMO).
So, is it time to enter? Or is it better to wait for a correction?
1. The high monthly close
This close is a positive signal that boosts confidence in the market and may attract more capital, especially from major institutions. However, it cannot be considered an absolute guarantee for the continued rise without pause.
2. The current momentum in the market
Continuous buying at high levels may mean that the market is approaching a stage where it needs to "catch its breath," indicating the possibility of a temporary price correction.
3. The decision depends on the type of investment:
For long-term investors: Gradual entry (in installments) may be a suitable option, especially if you see that Bitcoin still has an upward path in the long run.
For short-term speculators or traders: It is preferable to wait and monitor correction signals or take advantage of short-term price fluctuations.
In summary: The market seems bullish, but wisdom dictates managing risks and not rushing, especially after sharp upward waves.