It's a little late to buy the rumor when last week it was $24k and now it is $35k. It could come to a major correction downward or continue upwards.
It's a little late to buy the rumor when last week it was $24k and now it is $35k. It could come to a major correction downward or continue upwards.
The rumor is still the rumor.
And also the floor was $25k not $24k.
And that's only if you caught the very bottom of a V-shaped bounce.
So much more accurately $26k.
And the current price is $34k not $35k.
That's a +30% move, which is nothing in a run like this.
Trading small moves has become too risky.
Best to wait a few weeks, or even into January, before taking money off the table.
All the biggest runs last around 3 months.