Bitcoin: Trading in the range of 104/90 – caution above all!

Currently, BTC is in a narrow range of 104–90. Such a situation in the market often indicates a potential consolidation before a major movement. However, predicting the exact direction of a breakout is not easy, so one must act with maximum caution.

What is important to remember:

1. Risk management.

Never enter a trade without a pre-defined stop-loss. Risks should be limited to a reasonable portion of the deposit (for example, 1-2%).

2. Do not trade emotionally.

Watching a prolonged sideways movement may create a desire to enter "for the sake of action". Avoid impulsive decisions.

3. Confirmation of breakout.

If the price breaks out of the bounds of 104 or 90, wait for a confirmation of the breakout on volume to avoid false signals.

4. Diversification of strategy.

Trade in small volumes or use hedging if there are doubts about the market direction.

The cryptocurrency market remains extremely volatile, and the current uncertainty requires discipline. Protect your capital and trade consciously!

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