In the coming two weeks, Bitcoin is forecasted to rebound to the range of $60,000 - $63,000.
A short-term recovery is expected, aiming to push BTC back to the $60,000 mark.
During this period, it's advisable to exercise caution in the market. This surge often serves as a strategy employed by whales to lure investors back, only to exploit their funds once more.
Unfortunately, many fail to learn from past experiences. Similar scenarios unfolded recently when over 250k investors reinvested substantial sums after a previous BTC rebound from a crash.
Likewise, another bounce is anticipated, attracting around 200k investors globally with approximately $1.5 billion. However, this capital is likely to be absorbed by whales, perpetuating the cycle.
The crypto space faces an ongoing challenge as individuals repeatedly fall victim to this cycle, seemingly unable to learn from past events.
I hope some of you will consider showing appreciation for this insight by offering a small token of gratitude from the funds you save from the whales.
I'll continue sharing updates until more individuals begin making informed decisions.
Stay tuned for further details.