BullishBanter
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Bearish
Two nights Ago, I reminded one of my family members about a potential $BTC SELL at $90,100, advising them to consider taking profits as the market showed signs of weakness. This morning, they expressed frustration, realizing they missed out on a massive opportunity as Bitcoin has now dropped back to $82,000.
Curious, I asked them what price they set their sell order at, and they confidently said $90,100. I couldn’t help but feel stunned. That figure was simply an approximate suggestion, not an exact number to execute at. Using round numbers rarely works perfectly in volatile markets. Precision matters when setting exits just as much as it does for entries.
Now, the big question is whether there's still room for further downside, possibly toward $78,500. Predicting exact market movements is never easy, but given the current bearish momentum, another drop within the next few days (possibly between the 18th and 26th) is not out of the question. However, waiting too long for an even bigger crash can sometimes mean missing out on locking in gains altogether.
The lesson here? No one can always sell at the absolute top. Chasing the perfect exit is just as dangerous as chasing the perfect entry. When prices are near major resistance and market sentiment is shifting, taking profits even slightly below the expected peak can be a highly profitable decision.
In the end, trading requires flexibility—instead of aiming for exact round numbers where many traders set their orders, it’s often better to place orders slightly above or below key levels. That small adjustment could be the difference between locking in massive profits or missing the opportunity entirely. A great trade means securing gains, not chasing perfection.
#btccrashed
Curious, I asked them what price they set their sell order at, and they confidently said $90,100. I couldn’t help but feel stunned. That figure was simply an approximate suggestion, not an exact number to execute at. Using round numbers rarely works perfectly in volatile markets. Precision matters when setting exits just as much as it does for entries.
Now, the big question is whether there's still room for further downside, possibly toward $78,500. Predicting exact market movements is never easy, but given the current bearish momentum, another drop within the next few days (possibly between the 18th and 26th) is not out of the question. However, waiting too long for an even bigger crash can sometimes mean missing out on locking in gains altogether.
The lesson here? No one can always sell at the absolute top. Chasing the perfect exit is just as dangerous as chasing the perfect entry. When prices are near major resistance and market sentiment is shifting, taking profits even slightly below the expected peak can be a highly profitable decision.
In the end, trading requires flexibility—instead of aiming for exact round numbers where many traders set their orders, it’s often better to place orders slightly above or below key levels. That small adjustment could be the difference between locking in massive profits or missing the opportunity entirely. A great trade means securing gains, not chasing perfection.
#btccrashed
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