๐จ Get ready for BTC price drop in the next 6โ12 hours! ๐จ
Current price: $94,535
Why do we expect the drop?
Buying saturation: RSI indicators above 70 indicate overbought๐. Moving averages reversal: Bearish crossover of the 50EMA and 200EMAโ ๏ธ. Big news coming: Legislative fears in the United States are pushing investors to sell๐๏ธ.
How to prepare?
๐ Set stop-loss points to ensure the protection of your capital. ๐ฐ Take your profits at nearby resistance levels ($92,000โ$93,000). ๐ Monitor trading volumes: A decrease in trade intensity often precedes a sharp drop. ๐ก๏ธ Reduce leverage or use spot trading instead of futures.
Risk management tips
๐ฏ Do not risk more than 1โ2% of your portfolio on a single trade. โก Use limit orders for better buying and stop-limit orders for protective selling. ๐ก Take advantage of the price drop for rebalancing within the portfolio.
๐ Follow my updates for continuous analysis and instant trading ideas!
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