Achieving a significant rise requires a strong selling effort and firm support at the bottom. Market psychology anticipates a robust sell-off from the accumulated buy orders. This intense selling phase will propel the market into the 69-70k range within a week to ten days, setting the stage for a substantial correction. Expect a sharp dip to around 55k, followed by a recovery.
Investors in BTC typically hold their positions rather than sell at a loss; in fact, they often buy more when prices drop. This isn't a meme coin; this is #btc. Understanding market psychology isn't difficult; it's about riding the waves and capitalizing on the profits.
Wishing you a profitable week.
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