As Bitcoin nears the $65,000 mark, a minor rebound has occurred. Those considering a break might find it beneficial to sell now and rest for a while.
The weekly charts show a slight downturn, suggesting a stronger potential for further decline in the future.
While not all altcoin charts are unfavorable, the possibility of a sharp downturn in Bitcoin cannot be ignored. It might be wise to hold off on investing in altcoins for now.
For those looking to purchase altcoins, it might be better to wait until Bitcoin stabilizes.
Before this Sunday, consider selling about 50% of your holdings and keeping an eye on the remainder. This approach isn’t a bad idea.
Minimizing risks can lessen the impact, so rather than waiting it out, stopping now seems like a good option.
Even though the Bitcoin halving has occurred, in the realm of Bitcoin, what might typically be seen as positive or negative news doesn’t necessarily follow the usual patterns.
This is a time that requires careful decision-making.
Given that the general public is currently observing the rise, the market seems even less favorable, and I advise making bold decisions to sell any coins that are incurring losses and taking a break.