Here is the Bitcoin Price Level That Could be an Attractive Entry Point for BTC Bulls

Description

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 ...