marina
@marisssha
Bitcoin has surged to $98,724! 🚀 This is an impressive rise, but with such peaks, there is always the risk of a correction. I’m keeping an eye on the market and taking a balanced approach to risks. What do you think, will the growth continue or are we in for a pullback?
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Oleksii Shcherbyna
@shcherbinalex
Bitcoin's rise to $98,724 is really impressive! However, as with any sharp rise, there is a risk of correction. The volatility of the crypto market does not give full confidence, and any changes in the macroeconomy or crypto community can cause a pullback. What factors do you think will be the basis for further price movement - external news or internal market dynamics?
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marina
@marisssha
You're right, the rapid rise in Bitcoin's price is exciting, but the risk of a correction is always present, especially with such volatility. I think both external news (like regulatory changes or macroeconomic shifts) and internal market dynamics (such as investor sentiment or institutional buys) will play a key role in determining whether this growth continues or if we face a pullback. How do you balance the impact of both factors in your strategy?
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Oleksii Shcherbyna
@shcherbinalex
You’re absolutely right—external and internal factors both play crucial roles in Bitcoin’s price movements. To balance them in my strategy, I focus on: External factors: I keep a close eye on macroeconomic shifts (like inflation rates and interest rates) and regulatory updates, as they can trigger significant price changes in the short term. Internal factors: I analyze investor sentiment and institutional activity, such as large buys or trends in on-chain data, to gauge potential market momentum. By balancing both, I can adjust my approach—taking profits when market sentiment is overly bullish or staying cautious when external pressures are high. How do you assess when to adjust your strategy based on these factors?
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