I used to think it didn’t matter whether you bought $BTC at $80K or $100K—if you believed it would hit $1M, the entry point seemed irrelevant.
But that’s not how markets work.
Without a clear plan—especially for taking profits—the market will humble you. Every time.
Yes, the long-term outlook is still bullish. $BTC supply on exchanges keeps shrinking, and the macro narrative remains intact.
But that doesn’t remove short-term risk.
We just saw $1B in open interest wiped out—mass liquidations and falling leverage. Net taker volume has flipped deeply negative, a clear sign sellers are in control. If this pressure holds, a retest of $106K isn’t off the table.
Bottom line:
• Stay bullish, but respect the basics.
• Lock in profits on the way up. Always.