The level everyone agrees is the perfect $BTC buy is usually the one that never quite gets hit.
That's the annoying part of bull markets. You map the retest, you wait, and then you watch price leave without you, which is how a lot of people end up FOMO buying the extension and round-tripping the trade.
Since this rally started around 58K, those consensus areas have been front-run over and over. Right now the crowd is parked near 75K, treating it like the obvious entry. In practice that zone is where most people are waiting to buy, so the bid tends to show up earlier and the clean retest never prints.
Swing longs from the bear market bottom kept getting called early for the same reason. That's a big part of why so many traders struggle to actually make money once $BTC is already trending. Waiting for the chart to look perfect feels disciplined, but it often just means you buy the level after the easy part of the move is gone.
Still holding out for that 75K retest on $BTC, or did you stop waiting?
#Bitcoin #Crypto #Trading
That's the annoying part of bull markets. You map the retest, you wait, and then you watch price leave without you, which is how a lot of people end up FOMO buying the extension and round-tripping the trade.
Since this rally started around 58K, those consensus areas have been front-run over and over. Right now the crowd is parked near 75K, treating it like the obvious entry. In practice that zone is where most people are waiting to buy, so the bid tends to show up earlier and the clean retest never prints.
Swing longs from the bear market bottom kept getting called early for the same reason. That's a big part of why so many traders struggle to actually make money once $BTC is already trending. Waiting for the chart to look perfect feels disciplined, but it often just means you buy the level after the easy part of the move is gone.
Still holding out for that 75K retest on $BTC, or did you stop waiting?
#Bitcoin #Crypto #Trading
