Talks about Bitcoin have been escalating globally lately as its market has been in a sideways trend for 77 days,
which may feel boring at first, but for traders who have witnessed its rise to unprecedented prices in the past,
this status is not strange to them. The long-lasting sideways movement may indicate a gathering of traders seeking to get better prices, which can lead to an increase in Bitcoin price in the near future. However,
despite the expectation of some investors to reach higher levels in the near future, sudden fluctuations in Bitcoin value require patience and emotional control.
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Recently, Bitcoin has become a global topic of discussion as it has witnessed a dull sideways movement for 77 days and has reached the current range. At first glance, the Bitcoin market may seem boring, but for traders who have witnessed its rise to unprecedented prices in the past, this situation is not new to them.
If there is a long sideways movement, it may indicate that traders are gathering for better and better prices, which can lead to a surge in the price of Bitcoin in the near future. Although some investors expect prices to reach higher levels in the near future, sudden fluctuations in the value of Bitcoin require patience and emotional control.
In the end, if you are interested in trading cryptocurrency, it is better to wait and keep an eye on the current important range, which ranges from $25,250 to $24,000, and if the record high for Bitcoin increases and breaks the important support zone, this is evidence of the need to learn and accept current losses to save the future when buying larger quantities.
Avoid trading if you are not a professional in this field. Currently, we are in a testing period for psychological factors and manipulation, which must be clearly avoided, so patience is necessary to see what will actually happen in the market.
@messi123
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