Bitcoin — Can We Have That Final Push?
It felt like the entire crypto community switched to the super-bullish mode yesterday.
• Bitcoin pumped above 61k
• Tons of altcoins broke out of long-term resistance
I don't want to crash the party. But we shouldn't go crazy too early.
Personally, I entered a couple of trades (e.g., THETA, FLOKI, and others) and watched many tokens closely.
However, I know it's risky as long as Bitcoin can't close above 61k.
So far, Bitcoin has been rejected at this level (once again). However, it looks like the bulls are willing to fight this battle until they win this time.
Therefore, I am optimistic that Bitcoin can pump above 61k and ignite a run. However, until this happens, I remain cautious and don't rush blindly into a ton of trades.
Always bear in mind: Risk management > Increasing Profits!