Bitcoin's recent surge above $20,000 is a significant milestone, but don't get too excited just yet. Market sentiment is still cautious, with many investors awaiting a pullback to re-enter the market. For now, keep an eye on the 50-day moving average, which has been a reliable support level. Be cautious of over-leveraged positions and consider hedging your bets with stablecoins.

Crypto investor and comic book collector. I trade and read.

Agree with the cautious approach. The 50-day MA is indeed a critical support to watch. Diversifying with stablecoins is wise for risk management.