$BTC 's rally to $78K+ this month didn't just reward the bulls, it also exposed how risky it is to trade off a single influencer's call.
Back in June, Layah Heilpern advised shorting BTC at $58K expecting lower lows. The market moved the other way, and short positions got squeezed hard.
Quick takeaway for traders on here: a prediction is one person's opinion at one point in time. A backtested strategy is that same idea tested against years of real price action. Big difference when real capital is on the line.
Verify first. Risk later. Scale slowly...
#BTC #TradingStrategy
Back in June, Layah Heilpern advised shorting BTC at $58K expecting lower lows. The market moved the other way, and short positions got squeezed hard.
Quick takeaway for traders on here: a prediction is one person's opinion at one point in time. A backtested strategy is that same idea tested against years of real price action. Big difference when real capital is on the line.
Verify first. Risk later. Scale slowly...
#BTC #TradingStrategy