Economist Alex Kruger: The current market is very likely the beginning of a trending move
Foresight News reported that economist Alex Kruger tweeted, "This is very likely the beginning of a trending market for cryptocurrencies. In a trending market, the main risk is taking profits too early. For traders, transitioning from a range-bound market to a trending one is often quite challenging, as they have long been accustomed to exiting after only a few percentage points of gains. I hope to complete my full positioning before bitcoin breaks through the $120,000 mark."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year
Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
Crypto prices
More
