Bitcoin Pullback After a 40% Increase: $90,000 to $95,000 May Be an Excellent Re-Entry Zone!
In the past 30 days, Bitcoin has experienced a strong surge, with an increase of over 40%. Rapid price increases often indicate the arrival of a consolidation period. Indeed, Bitcoin has started to pull back after achieving a 40% gain, with the current price down about 3% from a month ago.
Pullback Alert: Ideal Range of $90,000 to $95,000
In a bull market, when the price pulls back 10% to 20% from a recent high, it usually forms a strong re-entry opportunity. Taking Bitcoin's recent high of $108,000 as an example, a consolidation between $90,000 and $95,000 may represent an ideal pullback zone for investors.
If the price remains within the -20% pullback range and continues the current cycle's trend, this will provide a solid foundation for the next surge in 2025. Are you ready to seize this opportunity?
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