September 9, 2024.
Last night, Bitcoin fell to $53,000 and then pulled back.
Now I hope that Bitcoin will stay sideways at $55,000 for a while, and not rise to $60,000 all at once.
Short-term fluctuations are too large, which will attract short-term traders.
After a period of sideways trading, short-term traders will find it unprofitable and leave the market to wait and see, and long-term investors can start their journey lightly.
The longer it stays sideways, the higher it will rise.
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