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The Bitcoin price has recently performed strongly, breaking through the 112,000 mark. For investors who have already entered the market, the target can be set around 120,000. As long as the overall trend does not show significant deterioration, a holding strategy may be a good choice, without the need for frequent trading.
For investors who have not yet entered the market, there is no need to rush. The market is likely to experience a pullback, and that may be a better entry point. A long bullish candle appeared on the 4-hour chart yesterday, and a pullback to fill this gap may follow; this is a normal market behavior.
Investors can pay attention to the range of 114,500 to 115,000 as a potential pullback target. Within this range, there may be good buying opportunities. However, investors should keep in mind that the cryptocurrency market is highly volatile, and any investment decision should be based on their own risk tolerance and investment goals.
Overall, the Bitcoin market is currently showing a positive momentum, but investors still need to remain vigilant, closely monitor market trends, and manage risks effectively. Whether they are already in the market or preparing to enter, investors should develop clear investment strategies and stay informed about market changes.