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Bitcoin Risks and Potential Pullback: Skepticism on $112k-$115k Area
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Analysis
Bitcoin has re-entered a zone where short-term downside risk is heightened after failing to sustain above $119k and pulling back from the local ATH near $124k. The setup points to a potential second P...
Recommendation
Strategic stance: adopt a cautious stance with a preference for waiting for a clear bullish confirmation before committing new long exposure. If you are long, consider reducing risk exposure near the ...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.