Quote from: AnonBitCoiner on Today at 05:56:03 PM

Quote from: Sophokles on March 06, 2024, 05:55:45 PM

I think there is still time if anyone hasn't joined the market yet. Usually the actual bull season starts when bitcoin crosses its previous all time high. When this happens bitcoin rallies up more than 20% in a week and then it consolidates, leading the whole altcoin market in FOMO and retail investors start to join the market in a hurry. All these just push the market to a new stage where the mainstream media started to talking about bitcoin again and exchanges goes down due to the high traffic.

Bitcoin has crossed its all the time high value so it means that Bull run has started but we cannot say that now no one should buy any coin as still there is an opportunity that every coin will increase from current price to huge gain.

People were first afraid about bitcoin investment and when price get dip from 69k$ in previous days then their trust decreases but market again showed that bitcoin is a volatile but a better source of earning and no matter how harsh the situations are there will be no change in its success.

I’ll repeat again, but I already wrote that now the entry point into BTC is very high, just like in ETH. In such a market, trust is not important, cold calculation is important, because you can catch liquidation on both short and long positions. Now I see trading with minimal TP and SL, it is better to earn $50-100 than to lose $1000.