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Bitcoin Nears $120K: Buy the Breakout or Bet on a Dip?

Bitcoin Nears $120K: Buy the Breakout or Bet on a Dip?

Published:
2025-07-28 04:00:00
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Bitcoin Near $120K: Should Traders Buy Now or Wait for Pullback?

Bitcoin's bull run defies gravity—again. The king of crypto flirts with $120,000, leaving traders torn between FOMO and waiting for a pullback that may never come.

To buy or not to buy?

Market psychology screams 'buy high, sell higher' as institutional money floods in. Retail investors? They're still Googling 'what is a blockchain' while Wall Street quietly stacks sats. Classic.

Technicals suggest overextension, but since when did Bitcoin care about resistance levels? The asset that turned 'irrational exuberance' into a retirement strategy won't apologize for its volatility.

One hedge fund manager we spoke to—between sips of his $28 almond milk latte—whispered: 'We're either at the start of a supercycle or the mother of all bull traps.' Thanks for the clarity.

Final thought: If you wait for the perfect entry, you'll be left watching from the sidelines—right next to the guys who sold their BTC for pizza in 2010.

|Square

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