Image by mohamed Hassan from Pixabay
Will Bitcoin have a major retracement after the recent highs? Or, will it just keep going? Well, I do not pretend to have the answer.
But, I do know that there are a lot of people hoping it will go up sooner than later. And, it should be noted that many of the recent big-name shills, Tesla to name one, are very sophisticated investors. It is my opinion that they have the financial savvy to protect against a major retracement.
Trying to time the market is hard at best but impossible for most. So, 'hodling' may be sufficient. Or, if you have put a little away from recent gains, dollar-cost averaging to ride the next wave is always a good idea.
Whichever way you go you may not be wrong as the majority believes that Bitcoin will go up and may one day be considered an asset much like gold.