Time to Quit Crypto?

Bitcoin $BTC experienced a dramatic rise in 2021, reaching an all-time high of $69,000 in November. However, this was followed by a significant decline, with the price falling to around $15,000 by November 2022, marking a full year of a bearish trend.

In January 2023, Bitcoin began to recover, starting a bullish trend that saw its price rise from approximately $16,000 to an impressive $73,000 by March 2024. This marked a full year of upward momentum.

If Bitcoin continues this bullish trend through 2025 as it has over the past year, it could be a strategic time to consider exiting the crypto market.

Historically, such rapid increases have often been followed by a bearish period. Another significant surge might push Bitcoin to $100,000 or higher, but it could also precede another market downturn.

Therefore, exiting during this potential peak could be a prudent move to avoid the subsequent bear market.

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