$BTC The good news is already out — so what’s our next move?
Last night, ahead of the US CPI release,
I advised those holding short positions to take profits early.
Looking back, it’s clear that the bullish expectations had already been priced in over the past few days,
and the market reacted accordingly.
Today’s price action is smoother compared to the last two sessions.
We’re seeing stronger waves of profit-taking — more gains to be captured.
I don’t always focus on the long-term outlook.
Instead, I pay close attention to the daily trends, riding each wave and locking in profits as they come.
