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- Bitcoin at $90k: Should You Take Any Profit?
Bitcoin at $90k: Should You Take Any Profit?
These Are The Most Important Metrics
Market Overview
Who would have thought that in 1 week Bitcoin would go from $68k to almost $90k…
Our special indicator flashed a buy signal JUST at the right time last week, and we told you to expect at least $80k.
Keep in mind…
That was at the time when large Twitter accounts started giving their Bitcoin bear cases on X. Like this one:
But it’s great you were subscribed to Alpha 12 and caught this big move to $89k…... right?
Now comes the question… should you lock in any profits?
There are certainly various metrics that suggest Bitcoin is overheated, but Bitcoin is officially, and in every possible way, in a bull run.
That means price will just keep ripping higher and leaving people behind.
Because it has momentum.
And that momentum was confirmed when Bitcoin CLOSED above $80k.
Any dip that we’ll get should be INSTANTLY bought.
That’s the type of market we’re in so it is premature to think about taking profits just yet.
Unless you’re a more risk averse investor, in which case you should look into rebalancing.
Side Note
Last week, just before the big move, we said: “Our conviction and confidence level is 100%.
A 100% confidence level is actually SUPER rare.
Imagine you were able to call big moves with a HUNDRED PERCENT confidence.
You’d make so much more money, right?
ALSO…
Who do you think will actually get to keep a higher percentage of their profit? Someone with an Alpha 12 Premium subscription or someone without?
It’s player vs player out there and anyone without the most up-to-date, high quality alpha will get brutally killed.
We say this repeatedly: Free alpha is not alpha at all.
Upgrade to premium here and read the rest of this newsletter: alpha-12.com/upgrade.
Now it’s more important than ever.
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