THE REAL REASON FOR THE FALL OF BTC
"Bitcoin falls again below $60,000. It also happened yesterday, Saturday, although it rebounded quickly..."
Hahaha this news 😂 makes me laugh a lot since it only causes FOMO or FUD in traders who do not understand the real reasons why a price falls or rises.
Yesterday when a teacher asked me where he thinks BTC is going, I answered
"Let's have a coffee man" let the market fall to its liking!
BTC can react at 60070 or fall to 59127, if it does not react there, then at 54620 and if not, then at 52009 and if not, at 50238 and if not, then somewhere...
I repeat, let it fall as it pleases or rise as it pleases. Adapt your strategy to these falls or rises and take advantage of the trend. If your risk management strategy and plan is correct, you should not worry about the rise or fall of a price, neither this nor any asset. If you understand and truly understand that the fall or rise of a price is reflected in its price action by supply and demand as well as the number of contracts in the open interest you will stop being surprised or angry by falls or rises in price. , since in addition the nature of the market and the law of self-balancing of the market make THE MARKET OSCILLATE.
So the price will go where it has to go... Neither FOMO, nor FUD.
Plan, strategy and risk management, the rest is normal in the market.
AMTrend_official