$BTC Update: Daily close at $112,870, breaking below the $115K support.
The next key level is around $110.5K, aligned with the 100 EMA.
While BTC is down just 2.92% on the day, altcoins are struggling to hold their levels.
This is exactly why I’ve been saying for the past two weeks to avoid leverage trades. Protecting your capital by staying out of risky positions is just as valuable as making profits. If you followed, you’re safe. Remember, FOMO never makes money; it only increases losses.
No need to panic. This pullback is temporary, and I’ll be sharing fresh updates tomorrow. The bigger picture isn’t over, you just need to be selective and position for the right opportunities in the coming months at a discount.
Stay tuned, follow if you haven’t already, and check my Telegram (link in bio) for futures setups and deeper insights.