Bitcoin Alert
Be cautious with Bitcoin right now.
Bitcoin might make you believe that it has dropped enough and is ready for a massive rise to levels like $70K, $80K, or even $120K. These are unrealistic predictions some analysts are promoting.
Bitcoin could trick you into buying at the $62K level because it’s been holding this price for ten days. However, it hasn’t shown any significant progress, which doesn’t make it a good time to invest or buy.
Bitcoin often surprises with deeper lows than expected. Remember when it dropped from $70K to $50K, in a slow, painful decline, hitting a bottom no one anticipated.
You might think it’s a good time to buy at $62,158, hoping for a peak, but it could easily pull you down further.
If I were in a position to buy now, I would only do so with a stop loss at $47K or, at worst, $46K to protect my investment.
Even if Bitcoin rises and makes this post irrelevant, I’m okay with that, as it’s in my best interest for Bitcoin to go up.
My warning is for your benefit, to help keep your capital safe.
Wishing you all success and profits!
#Write2Earn! #writetowin #Write2Earn! #writetowin #Write2Earn!
