Bitcoin's Volatility: Rally, Turbulence, and Record Futures OI

1 min read
Source: Bitcoinist
Bitcoin's Volatility: Rally, Turbulence, and Record Futures OI
Photo: Bitcoinist
TL;DR Summary

Analyst Michaël van de Poppe warns of a potential 40% correction in Bitcoin's price before it reaches $150,000, citing market sentiment overshooting reality and the potential impact of macroeconomic events. Short-term traders are advised to exercise caution during rapid price appreciation, while long-term investors may find the correction an attractive buying opportunity. Poppe emphasizes the importance of strategic investing and risk management, urging investors to stay informed about broader economic trends.

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