$BTC
Should You Buy Bitcoin Now?
Buy:
Uptrend: Bitcoin is in a strong uptrend, and Fibonacci levels are providing support. The price is trending higher at the current level (96,683 TL).RSI (67.69): RSI is approaching the overbought zone but hasn't reached 70 yet, meaning there's still potential for the price to rise a bit further.
Don't Buy:
Overbought Risk: RSI is approaching 70, which increases the likelihood of a short-term correction.Possible Price Pause: If the price rises further, resistance might form around the 100,000 TL level, which could lead to a temporary pause or correction.
Recommendation:
If you're a short-term trader, it might be better to wait for a correction. If you're a long-term investor and confident in Bitcoin's future, buying at these levels is still an option, but be cautious and prepared for potential pullbacks.