Two nights ago, I advised a family member to consider selling Bitcoin around $90,100, as the market was showing signs of weakness. This morning, they were frustrated, realizing they missed a major opportunity—Bitcoin had dropped back to $82,000.
Curious, I asked what price they had set their sell order at. Confidently, they said $90,100. I was stunned. That was just an approximate suggestion, not an exact execution level. Markets rarely respect round numbers perfectly, especially in volatile conditions. Precision matters just as much when exiting a trade as it does when entering one.
Now, the big question: Is there more downside ahead? A drop to $78,500 is possible, given the current bearish momentum. Another leg down between the 18th and 26th isn’t out of the question. But waiting too long for an even bigger crash can also mean missing the chance to lock in profits.
The key takeaway? No one consistently sells at the absolute top. Chasing a perfect exit is just as risky as chasing a perfect entry. When prices approach major resistance and market sentiment shifts, taking profits even slightly below the expected peak can be the smarter move.
Trading requires flexibility. Instead of placing orders at obvious round numbers—where many traders set their stops—it’s often better to aim slightly above or below key levels. That small adjustment can be the difference between securing profits or missing out entirely. A great trade isn’t about perfection—it’s about execution.
