Trader Pigeon announced on Telegram that he has locked in profits on most of his positions, except for his core long position in Bitcoin. He initially targeted a Bitcoin price of $94,000, but remains uncertain about the price movement between the current level and $100,000. Pigeon suggests that a breakthrough beyond $100,000 could signal a new market phase. Until then, he plans to secure profits and continue observing the market.
Previously, on December 26, 2024, Pigeon disclosed that he had opened long positions in smaller cryptocurrencies, anticipating high volatility in January, a pattern he noted from historical trends. He speculates that the high volatility seen at the end of December might return in some form.
Trader Pigeon Locks Profits, Awaits Bitcoin's Next Move
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