Bitcoin ($BTC ) recently surpassed the historic mark of US$ 100,000, consolidating itself as one of the most valued assets in the current financial market.
What drove this rise?
Favorable Government Policies: The election of Donald Trump in the United States brought expectations of a more favorable regulatory environment for cryptocurrencies, stimulating the market.
Institutional Adoption: Large companies and financial institutions have increased their Bitcoin holdings, seeking to diversify portfolios and protect against inflation.
Limited Supply and Halving: Events such as halving, which reduces the issuance of new Bitcoins, decrease supply and can put upward pressure on prices.
Invest or Sell?
The decision to invest or sell depends on several factors:
Investor Profile: Assess your risk tolerance. The cryptocurrency market is highly volatile.
Investment Horizon: Determine whether your goal is short-term or long-term.
Market Analysis: Use technical and fundamental indicators to support your decision.
Indicators to Consider
Relative Strength Index (RSI): Measures the speed and change of price movements. Values above 70 indicate overbought; below 30, oversold. Cointelegraph Brasil
Moving Averages: Track price trends over time, helping to identify entry and exit points.
On-Chain Analysis: Observes blockchain data, such as the movement of large amounts of BTC, to infer market behavior.
Final Considerations
Before making any decision:
Educate yourself: Seek knowledge about the cryptocurrency market.
Diversify: Do not concentrate all investments in a single asset.
Consult Experts: Seek guidance from financial professionals.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies involves significant risks; caution and thorough research are advised before investing.
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