With $BTC reaching levels above $104,000, many are starting to wonder:
Is this the beginning of a correction? Should we exit now?
In this post, I share with you a simple and effective trading strategy to deal with potential corrections.
Quick analysis:
RSI currently above 70 → Signal of overbought conditions.
Bollinger Bands at maximum width → potential upcoming volatility.
Strong resistance at $109,000 may temporarily hinder the rise.
Suggested trading strategy (DCA + smart stop loss):
If you haven't entered the market yet:
Wait for Bitcoin to drop to the $100,000–98,000 range.
Use the DCA method (dollar-cost averaging) for a safe entry.
If you are in the market:
Set a trailing stop at $98,000.
Don't exit the market completely, but gradually take profits if it reaches $108,000.
Temporary selling opportunity (scalp):
If Bitcoin fails to break $109,000, a temporary sell with a tight stop loss may be considered.
Final advice:
The market is correcting, yes, but it’s not a crash. Stick to your strategy and enter wisely, not emotionally.
Do you see the current correction as an opportunity or a risk? Share your thoughts in the comments!
