#StopLossStrategies

Bitcoin Dips Below $80K — Are You Protected?

$BTC is currently trading around $78,700, down 5.6% in 24H. Volatility is real.

This is where smart traders shine — with a solid Stop Loss Strategy.

#StopLossStrategies

1. Percentage-Based SL

E.g., Set SL at 3-5% below your entry. Quick, effective, emotion-free.

2. Support-Based SL

Place SL just below key support (e.g., $77,000). Protects you from deeper drawdowns.

3. Trailing SL

Lock profits as price moves up. Perfect for riding trends and avoiding reversals.

4. Volatility SL

Use indicators like ATR (Average True Range) to place dynamic stop-losses during high volatility (like now).

Remember:

• A Stop Loss is not weakness — it’s discipline.

• No strategy is perfect, but capital preservation is key.

Price can bounce. Or bleed. Be prepared either way.

#BTC #CryptoRiskManagement #CryptoTrading #Binance #CryptoCrash #BitcoinUpdate #TradingTips #DYOR

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