Bitcoin Close To $70K But Trader Warns Not To Buy 'What Has Already Pumped'
Portfolio Pulse from Khyathi Dalal
Bitcoin's recent surge towards $70,000 has prompted traders to discuss strategies to avoid buying at the top. While some traders expect further gains, others predict a short-term correction. Key economic events this week, including the Federal Reserve's interest rate decision and the U.S. unemployment rate announcement, are likely to influence crypto prices.
July 29, 2024 | 3:01 pm
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Bitcoin's recent surge towards $70,000 has traders discussing strategies to avoid buying at the top. Some expect further gains, while others predict a short-term correction. Key economic events this week could influence Bitcoin's price.
Bitcoin's price movement is a focal point in the article, with traders providing mixed predictions. Economic events this week, such as the Federal Reserve's interest rate decision and the U.S. unemployment rate announcement, are likely to impact Bitcoin's price.
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