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#BTC continues to rise—will it hit $100K by month’s end?
The current market sentiment has placed the 90,000 level under scrutiny, as it represents a critical threshold for bullish traders. This level could dictate the trajectory of future price movements. If bullish momentum can be sustained beyond this mark, it would likely indicate a strong upward trend. Conversely, failing to break through this level may suggest that we are merely experiencing a short-term cyclical top, prompting traders to reassess their strategies.
Investors should exercise caution during this period of volatility. The metaphorical warning about not "sailing a ship for thousands of years" serves as a reminder to avoid getting trapped in long-term positions without adapting to market changes. It’s essential to remain vigilant and responsive to market signals, ensuring that decisions are based on current data rather than historical performance alone. By doing so, traders can better navigate the complexities of the market and optimize their investment strategies moving forward.