Here is the Bitcoin Price Level That Could be an Attractive Entry Point for BTC Bulls
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As bitcoin (BTC) holds near its record highs, traders looking to join the uptrend may be facing a dilemma: should they enter now, or wait for a more favorable pullback? According to Markus Thielen, founder of 10x Research , a pullback to the former resistance-turned-support level of the May high, under $112,000, would be the best entry point. "We would prefer to see bitcoin retest its $111,673 breakout level to provide a more favorable risk/reward entry point," Thielen said in a note to clients ...
$BTC
$118094.9
-0.23%
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