As long as Bitcoin stays above $92,000, it is not worth selling prematurely.
A drop of 45% in one day is extremely unlikely.
It is better to stick to the plan: hold until the stop is hit.
"So, should we sell now or when the stop loss is at $92,000?" Question in the comments.
Let me break it down carefully:
Current situation:
Currently, #BTC is trading around $93,500.
The stop-loss at $92,000 is close to the current price.
Key support is at $91,800. If it breaks downwards, there will likely be an acceleration in the decline.
What this means:
If you are already in a position and the stop is at $92,000, then:
For now, hold on, the market is trying to consolidate above.
But you need to be ready — if the price sharply drops below $92,000, it’s better to trigger the stop and exit without unnecessary losses.
If you are out of position:
It’s not advisable to sell "blindly" now.
Better to wait for either a breakout above $95,500 (and then consider buying),
or if they break $91,800 downwards — sell or short on pullbacks.
In brief:
Action according to the current plan: hold the position, stop at $92,000.
If the stop triggers — take the loss and wait for a new entry after stabilization.
$BTC
Let me break it down carefully:
Current situation:
Currently, #BTC is trading around $93,500.
The stop-loss at $92,000 is close to the current price.
Key support is at $91,800. If it breaks downwards, there will likely be an acceleration in the decline.
What this means:
If you are already in a position and the stop is at $92,000, then:
For now, hold on, the market is trying to consolidate above.
But you need to be ready — if the price sharply drops below $92,000, it’s better to trigger the stop and exit without unnecessary losses.
If you are out of position:
It’s not advisable to sell "blindly" now.
Better to wait for either a breakout above $95,500 (and then consider buying),
or if they break $91,800 downwards — sell or short on pullbacks.
In brief:
Action according to the current plan: hold the position, stop at $92,000.
If the stop triggers — take the loss and wait for a new entry after stabilization.
$BTC
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BTC
94,030.17
-0.02%