07:28
10x Research: A pullback to $111,673 for BTC may be the best get on board point, and breaking and holding above $120,000 is also a good buying opportunity.
Markus Thielen, founder of 10x Research, suggests that traders follow Bitcoin's pullback to $111,673 as an ideal get on board point, emphasizing a risk-reward ratio of at least 1:2. He believes the market may test the breakout point, and if Bitcoin breaks above $120,000 and holds, then the trend can be followed, but a tight stop loss should be set.
BTC0.64%