$BTC
Are you ready for the worst-case scenario???
I once believed it didn't matter if you bought $BTC at $80K or $100K, as long as you trusted it would reach $1M.๐ฏ
But thatโs not how the market works.
Without a clear strategy, especially for profit-taking, the market will unwind you.๐
It always does.๐
Yes, long-term trends remain bullish. The $BTC supply on exchanges continues to decrease, and the broader narrative holds strong. However, this doesn't eliminate local risks.๐ฅฒ๐ฅฒ
We just witnessed $1B wiped from open interest, indicating mass liquidations and reduced leverage.๐
Net taker volume has turned sharply negative, signaling that sellers are currently in control. If this pressure persists, a retest of $106K is possible.
So, my main takeaway:๐
- Stay bullish if you want, but donโt skip the basics๐
- Fix profits on the way up. Always๐