#Bitcoin Whenever it enters an upward momentum, it gets rejected from the top and goes back down. The last time this happened was in April. They spread the rumors that the bull will come #Altcoins! it will fly and they let the people in. I posted like this again on April 10, in the same way. I switched to cash. There was a big drop after 2 days. There is a possibility that it will return to the 55K band in this 1 week period. Frankly, it scared me.
Nothing is guaranteed. Instead of waiting for it to rise so that I can get $200-300 profit in my safe and waking up in the morning to find that half of the capital in my safe is missing, I switch to #USDT and sleep comfortably. If it rises, I will never be upset because I will have seen the future! It is much better than being demoralized and uneasy. We are currently in a position where the price is very close to the top. If the uptrend continues, it may cause a new ATH. But I have examined a lot, there is no volume, entries are very, very low. People are waiting in the long line, spotters are still anyway...