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
Xie Jiayin: Bitget will launch a TradFi section, including trading of forex, precious metals, and more.
The US Dollar Index falls to a nearly 7-week low, currently at 98.46
Spanish police crack a violent kidnapping case related to cryptocurrency
