Don’t Expect A Fast Bitcoin Move – Here’s How Long The Last Leg Could Take

Don’t Expect A Fast Bitcoin Move – Here’s How Long The Last Leg Could Take

Don’t Expect A Fast Bitcoin Move – Here’s How Long The Last Leg Could Take

Bitcoin (BTC) investors

BTCUSD now trading at $88,252. Chart: TradingView

Analyst Warns Last Chance To Accumulate BTC

Crypto Waterman offers guidance for traders looking to position themselves ahead of Bitcoin’s anticipated parabolic move. He suggests that the next two to three weeks may be the last chance to accumulate Bitcoin before the rally begins. He also highlighted the importance of timing, recommending that investors buy Bitcoin during significant dips rather than chasing rising prices. 

The analyst has hinted at knowing the timing of the expected market shakeout, emphasizing that market conditions over the coming days will determine the exact moment it happens. He warns that traders should prepare for volatility and short-term price fluctuations. He also reminds investors to stay disciplined during periods of market euphoria. 

Related Reading

He shared that investors and traders should follow the “Warren Buffett” principle of being cautious when others are greedy and opportunistic when others are fearful. This strategy eliminates emotional decision-making in trading and investing, allowing holders to make rational moves as the Bitcoin market approaches its final bull phase. 

Featured image from Unsplash, chart from TradingView

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.