Here's what happened when $BTC kicked off this rally around 58K and most traders stayed on the sidelines waiting for a textbook retest of 75K.
The real pain is missing the whole move because you insisted on that perfect dip. Then you either sit in cash the entire bull or FOMO in later and get chopped.
This is the classic bull market trap. Consensus builds around round numbers like 75K and that's precisely where the buying gets front-run before price even arrives.
We've watched it happen repeatedly since the 58K low. Those obvious support areas keep getting skipped. It looked almost identical in 2021 when both $BTC and $ETH refused to retest prior levels the way everyone expected, and $SOL showed the same skip in its last major run.
That's why so many fail to make money when the market is actually trending. They treat a bull like a ranging market and wait for a pullback that never comes.
Anyone else still camped out waiting for 75K or have you started to accept that these retests get front-run?
#Bitcoin #CryptoTrading #BullMarket
The real pain is missing the whole move because you insisted on that perfect dip. Then you either sit in cash the entire bull or FOMO in later and get chopped.
This is the classic bull market trap. Consensus builds around round numbers like 75K and that's precisely where the buying gets front-run before price even arrives.
We've watched it happen repeatedly since the 58K low. Those obvious support areas keep getting skipped. It looked almost identical in 2021 when both $BTC and $ETH refused to retest prior levels the way everyone expected, and $SOL showed the same skip in its last major run.
That's why so many fail to make money when the market is actually trending. They treat a bull like a ranging market and wait for a pullback that never comes.
Anyone else still camped out waiting for 75K or have you started to accept that these retests get front-run?
#Bitcoin #CryptoTrading #BullMarket