This is also clear evidence of the influence of ETF. Whether it or not, this impact will definitely be seen in time. Currently, it continues to move and has penetrated $52K, although it still doesn't continue to move up. But it fluctuates in the range of $51K-$52K, of course waiting for it to move again, and it can slowly penetrate to $53K., Indeed, since before the movement reached $50K, it was clear that there was movement, but it seemed like it was stalling and there was no ability, after that it started to run smoothly.
62 more days until the halving period and during this wait will it actually be able to move upwards or is it the opposite? There is still always a question mark about what will happen next. You are right, the main cycle is still ahead, and we will experience it by patiently waiting for it.
It could slowly go beyond 53k that's true, but it could try to go under 50k as well, so it's better to be careful. Putting a stop loss at 50k is not a bad idea, of course if you are a long term holder like me then you do not care about it, but if you want to make some money from it, I would say that 50k stop loss makes sense. Then you will wait, if it goes under 50k then you wait some more, wait until it stops dropping and after it looks like it's not dropping anymore (24 hours around the same price) you buy back again and make money that way.
This is quite common in the crypto world, people do this all the time, and should not be a new information. Just make sure you are investing to it at the very right time for sure.
Of course, we hope that it will continue to rise and can exceed the price of $53K, but you are right in saying that there is always a possibility that it will be corrected, which is also quite large. So we must always prepare for undesirable possibilities beyond predictions that are not expected.
Stop loss is one of the best ways to avoid unexpected realities and $50K is very appropriate because the movement always goes in that direction. I agree with your point of always preparing as carefully as possible to avoid losses that could occur.
