Bitcoin 
$118,188.76recently continued to watch close to record levels. It is seen that both new investors and existing investors who want to participate in the current rise trend in the market have indecisive in timing. Investors express various views on whether it is more accurate to enter into a position or to expect a more appropriate level of correction.
Expectation of Correction from Experts
According to the evaluations of 10x Research founder Markus Thielen, the resistance point Bitcoin broke in May has now become an important opportunity for investors. Thielen states that this level is about $ 111,000, and indicates that a possible retreat can provide a proper risk and return rate for the entry into the position.
The risk-informal ratio stands out as an important criterion in investors’ calculations of the balance between the expected loss in a potential investment and the balance between earnings. Investors generally prefer to make transactions at significant support levels by looking for a more advantageous ratio of 1: 2 or more. In this context, the $ 111,673 level can be considered as a threshold that should be considered for many investors. Crypto investors’ application – the reason will surprise you!
Alternative scenarios and market dynamics
According to some market experts, the re -testing of the breaking points seen in the past in the markets is common. After such a movement, a new wave of rise may begin. As of now, Bitcoin has followed a horizontal course at 119,500 dollars, and the news of the Great Trade Agreement between the US and the European Union supports the partial rise.
On the other hand, the scenario of the expected correction movement is on the table. So, the price seems likely to splash higher without retreat. This requires investors to be flexible in their strategies. In particular, if Bitcoin exceeds $ 120,000, it is thought that a new upward trend may begin.
Markus Thielen: “We would have preferred to withdraw the price back to $ 111,673, because this offers a more favorable entry point according to the risk.”
In addition, Thielen’s analysis shows that if a strong correction is not experienced, over $ 120,000, a permanent movement can make it meaningful to re -position with the trend, albeit risky. However, in such a scenario, investors emphasize that they need to determine more strict damage levels.
Markus Thielen: “A sustainable movement, especially over 120,000 dollars, may justify joining the train again, but in this case, the exceptional strict damage levels should be applied.”
In general, there is a possibility of both correcting and rising in the market. Investors follow technical analysis levels and reconsider their transaction strategies under variable market conditions. In the light of expert views, it is understood that risk management and market follow -up are important. Developing strategies in accordance with investors’ own risk profiles can provide advantage in changing market conditions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
