As Bitcoin surges beyond its previous all-time high of $69,000, it's imperative to confront the harsh realities at hand. Despite the euphoria of a monthly candle closing above this significant milestone, caution must prevail until we consistently breach the $80,000 mark. Prepare for the potential descent towards the lower end of the range, a plausible scenario given the principles of Accumulation, Manipulation, and Expansion. Are we witnessing a manipulative surge preceding a downward expansion, or will the anticipated halving propel us to unprecedented heights?
To all spot holders, day traders, and swing traders: exercise vigilance and prepare for volatility. We stand on the precipice of a pivotal moment where your positions hang precariously in the balance.