BREAKING News🚨
Should You Hold or Sell $BTC ?
News for every Bitcoin owner, Although we are happy with the current situation and the gains the coin has rewarded us with, we still need to be aware and alert about the impending dump. I am not trying to sabotage you; rather, I wanted to keep you informed so that you can manage your risks and losses. As we witnessed, BTC dropped to 37,000 dollars and then surged back to 48,000 dollars, giving remarkable gains to all holders.
📍The price is still pumping. Two primary points need to be considered.
1: Chart interpretation:📈
The chart clearly shows that the price of BTC quickly recovered after dropping. Will this trend continue? Yes, Bitcoin will keep rising and is predicted to hit between 52,000 and 53,000 dollars by the end of February.The market claims liquidity, therefore as we all know, all of the buyers who bought the coin at a discount will want to sell it quickly before the next dump to secure gains, while the new buyers will continue to wait for the decline before making their purchase.
2: BTC Halving:💹
Since the halving was announced, Bitcoin investors have been hanging onto their holdings quite strongly. As a result, there will be very little supply, which will lead to high demand and a substantial price increase.Thus, it is clear from all of these that BTC will soon hit the amazing 50–52 K barrier before the end of this month. But will prices drop later?
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