Over the last week, most of the market including Bitcoin has been in a state of euphoria. Consequently, the king coin has seen a new all-time high. Investors are trying to bank on this opportunity in order to get their hands on as much BTC as they can. However, the important question here is, should they be buying BTC at this point in time?
The market is in a bullish state right now. Following which Bitcoin and altcoins are also witnessing bullish trajectories. In fact, a few days ago the king coin made a new all-time high of $67.5k and it wasn’t surprising that investors went into a buying frenzy.
Bitcoin price action | Source: TradingView – AMBCrypto
In the last 30 days, while BTC rose by 25.22%, investors bought out more than 50k BTC,
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