Economist Alex Kruger: The current market is very likely the beginning of a trending move
Foresight News reported that economist Alex Kruger tweeted, "This is very likely the beginning of a trending market for cryptocurrencies. In a trending market, the main risk is taking profits too early. For traders, transitioning from a range-bound market to a trending one is often quite challenging, as they have long been accustomed to exiting after only a few percentage points of gains. I hope to complete my full positioning before bitcoin breaks through the $120,000 mark."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish Logistic Property buys Malmö logistics property for SEK 73 million
Goldman Sachs trims Aurubis voting rights to 8.18% from 8.88%
Scandinavian Enviro Systems wins court extension of restructuring to Nov. 27, 2026
Delta Air Lines (DAL.US) chooses Amazon Leo over Starlink for in-flight WiFi; Elon Musk warns of losing a large number of customers
Elon Musk warned that Delta Air Lines' decision to choose Amazon (AMZN.US) Leo instead of SpaceX (SPCX.US) Starlink may result in the loss of a significant number of customers.
