Selling coins to take profit but facing the risk of the IRS setting a 0 USD cost basis and calculating taxes on the entire revenue—does this news have enough power to break the $BTC 83,817.7 USD level?
The requirement for exchanges in the U.S. to file reports with tax authorities is putting significant psychological pressure on users. Since exchanges don’t have cost-basis data when users transfer coins from their personal wallets, investors are very likely to be taxed incorrectly. This legal risk makes big players more cautious about moving funds.
At the time of writing, $BTC đ is hovering at 83,817.7 USD (-0.10% in 24h). This is the support level currently under test. If the support-breaking scenario happens, the risk of liquidating Long leveraged positions is very high. Conversely, if the buyers hold strong, the market will need additional consolidation time before a real breakout occurs. At this point, I prioritize position management—reducing exposure and strictly following stop-loss orders rather than guessing the direction. Guys, remember to always do your own research (DYOR).
In this zone, do you go LONG or SHORT on $BTC ? Tap $BTC below and let’s check the chart together! 👇
#Bitcoin #BTC #PhapLy #SanGiaoDich #DauTu
The requirement for exchanges in the U.S. to file reports with tax authorities is putting significant psychological pressure on users. Since exchanges don’t have cost-basis data when users transfer coins from their personal wallets, investors are very likely to be taxed incorrectly. This legal risk makes big players more cautious about moving funds.
At the time of writing, $BTC đ is hovering at 83,817.7 USD (-0.10% in 24h). This is the support level currently under test. If the support-breaking scenario happens, the risk of liquidating Long leveraged positions is very high. Conversely, if the buyers hold strong, the market will need additional consolidation time before a real breakout occurs. At this point, I prioritize position management—reducing exposure and strictly following stop-loss orders rather than guessing the direction. Guys, remember to always do your own research (DYOR).
In this zone, do you go LONG or SHORT on $BTC ? Tap $BTC below and let’s check the chart together! 👇
#Bitcoin #BTC #PhapLy #SanGiaoDich #DauTu
