$BTC
🔍 #TradingMistakes101: Avoid These with Bitcoin (BTC) 🚫📉
🔥 Bitcoin (BTC) is trading at $105,496.97, after hitting a 24H high of $105,900 and a low of $104,689.81. Many traders jump in without a solid plan — here’s what to avoid!
🚨 Top 3 Mistakes to Avoid When Trading BTC:
❌ 1. No Stop Loss:
Never enter a BTC trade without a stop loss. Current SL suggestion: $103,900
❌ 2. Chasing Green Candles:
Buying when BTC is already pumping can lead to buying the top. Wait for solid entry zones like $104,700 – $105,000
❌ 3. No Profit Targets:
Set clear TP levels. For BTC:
🎯 TP1 – $106,800
🎯 TP2 – $108,500
🎯 TP3 – $110,000
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✅ Pro Tip:
Stick to your strategy, manage risk, and always DYOR before entering any trade. BTC is powerful, but it’s not forgiving of impulsive decisions. 💡
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