If you're still holding out for Bitcoin to retreat to the $40,000 or $50,000 range, it's time for a serious reality check. The current market trend is unmistakable—even the least seasoned investor can spot it. Don’t fall victim to hopeful illusions while opportunities pass by.
Bitcoin has shattered its previous all-time highs and embarked on a new path of price discovery. The current market environment, fueled by a surge in risk indicators, suggests that caution with leveraged positions is wise. Yet, should we witness any retracement from these levels, it would present an ideal entry point for a long-term buy. Expecting a dip below the $66,000-$67,000 range at this stage is highly improbable.
The backdrop is clear: Trump’s election victory, UK pension funds beginning to embrace Bitcoin, an upcoming FOMC meeting that could usher in rate cuts, soaring global liquidity, and widespread market optimism all suggest one thing—Bitcoin’s ascent is far from over. Are you still holding out for a return to $40,000? It’s time to adjust expectations and stay ahead of the curve.
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