๐ This is exactly why I donโt open long or short positions on $BTC or $ETH right now.
๐ฅ I avoid using leverage on ETF-grade assets โ the risk/reward just isnโt worth it in my opinion.
๐จ #TRUMP just authorized cryptocurrencies in 401(k) #Retirement plans โ potentially unlocking $12.5 trillion in retirement capital for Bitcoin exposure.
โก That headline alone fueled the latest rally.
Here was my ltw setup:
๐น 1. Expected #bitcoin to break out of its downtrend and accumulation zone into a new ATH (failed)
๐น 2. Anticipated a support break for a short setup (this one actually played out well)
But now, with renewed bullish momentum and Trumpโs pro-crypto stance, weโve seen another leg up from there.
๐จ Even the most established crypto asset โ #BTC โ is this volatile.
๐ Avoid leverage in these conditions & Stay smart.