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BTC

Cautiously Watching Bitcoin After Rapid Rally Above $60k

I still haven't gotten used to the new Bitcoin prices. For me, anything above $60,000 still feels fantastic.

The recent run-up happened too fast for my comfort, so I'm watching the market closely and staying cautious for now.

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Analysis

The author views BTC > $60k as impressive but expresses discomfort with the speed of the recent rally, implying higher perceived risk and a preference to observe rather than act immediately.

Recommendation

Maintain a watchful stance: avoid impulsive trades after the rapid rise, consider waiting for consolidation or a clearer pullback before adding exposure.

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.

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