#BTC is doing a very dirty dance between 60k and 70k in the past few days. Should you invest in $BTC ? I think there are two scenarios here let’s break it down,
1. If you are scalping and want to ride waves then you can buy at 60k area and sell at 70k
2. If you are playing for the long run, then you must anticipate for bitcoin to increase in price to over 100k and maybe a 1mil in the very far future.
Remember we are approaching the halving event so we might face even a bigger dip. Bigger than 60k so we can speculate BTC can drop below 60k. But we can also speculate it to break the 70k margin.
So, in hindsight only the ones who are playing in the long run will be able to earn profits.
What do you think?
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