$BTC broke above $35,000 what does this really means 💲💸💸💹💲💲💲💸💸💸💰💰💰
$BTC has been on the rise and is really working hard to take the prices towards a new ATH. With many coins doing more than 50% gains in a few days, like SOL, GAS ETC, what does this really mean for the market. Let’s find out.
There’s always a conception among traders and investors that the halving will have a positive effect on $BTC prices which is also true. But having is still 165 days away, then why is the price going up? Well the answer is simple :--
BTC WILL RISE BEFORE HALVING AND PREPARE STAGE FOR NEXT BULL RUN.
But at the same time the market will not just go up and up, it’ll also have to move towards something called correction and consolidation without which it’ll make no sense. Correction and consolidation are the guarantee that the market is healthy and the pump is genuinely a good start.
For now, I’ll just ask you people to be prepared for a small correction before we can see a rise above $40,000. So trade carefully and manage your stop losses accordingly.
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