Quick thoughts on BTC

in #bitcoin10 days ago

I think we should still hold onto our positions and stay positive, despite the voices telling us that we are entering bear markets. The 99-day moving average (MA) is pointing up, and the long-term trend remains bullish. The new favorite accumulation zone for Bitcoin is around 64,000. I believe we will also witness historical momentum here.

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Always remember to do your own research before trading. Markets are unpredictable, and no one can predict them flawlessly. Also, trade only as much as you can afford to lose.