📊 Bitcoin: Lesson to be learned from yesterday's movement
Yesterday, BTC reached 125,000 USDT before quickly dropping to 117,000 USDT.
This kind of movement reminds us of two essential points:
1️⃣ Resistances are real
125,000 USDT acted as a psychological ceiling.
Many traders took their profits there, causing the drop.
2️⃣ Risk management saves accounts
Without a stop loss, a rapid drop can wipe out your gains.
Stop-Limit orders help secure a part of your profits.
💡 Pro tip: If you're aiming for a high target, place a stop just below the key area to avoid losing everything back.
And you, did you take advantage of yesterday's rise or suffer from the drop? 📈📉
