Bitcoin's price is currently above $100,000, but experts warn that it may not be the right time for new long trades. The Relative Strength Index (RSI) is currently at 48%, which is still considered too high for optimal entry points. The recent surge in Bitcoin's price came after a big drop caused by concerns over proposed tariff hikes by President Donald Trump, but the market conditions remain uncertain. Analysts suggest that investors should exercise patience and wait for a better buying opportunity before making any new trades.



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