🚨 Buckle up!
Bitcoin is upside down and seems unable to hold above the critical support at $116,400.
📉 Contrary to what many believe, this has no direct relation to the Russia vs Ukraine situation. What we see here is a clear move by the big players, driving the price down to buy back cheaper.
⚠️ If you have exposed capital, preserve it.
➡️ Manage your risk.
➡️ Avoid significant entries.
➡️ Wait for the right moment to act.
In the market, those who survive are not the ones who take the most risks, but those who know how to wait.
