#BTC approaches 82,000
Those watching the $BTC 8万 level are probably all waiting for it to reach that point today. The 24-hour high was 82,295.47, the low was 80,684.36, and the range was 2%. It closed at 82,148. Trading volume was about 837 million—not exactly hot, but not exactly quiet either.
What I’ve seen time and again is this: when the price gets close to its previous high, people get nervous and sell half their position. Then it keeps climbing, and they buy back in at an even higher price, raising their cost basis all over again. The problem isn’t selling—it’s having no pre-set reason to exit, letting emotions make the decision for you.
80,000 is the level I’m watching. If it really falls below 80,000 and can’t climb back above it by the close, then my read on this move was wrong, and I’ll own that.
Those watching the $BTC 8万 level are probably all waiting for it to reach that point today. The 24-hour high was 82,295.47, the low was 80,684.36, and the range was 2%. It closed at 82,148. Trading volume was about 837 million—not exactly hot, but not exactly quiet either.
What I’ve seen time and again is this: when the price gets close to its previous high, people get nervous and sell half their position. Then it keeps climbing, and they buy back in at an even higher price, raising their cost basis all over again. The problem isn’t selling—it’s having no pre-set reason to exit, letting emotions make the decision for you.
80,000 is the level I’m watching. If it really falls below 80,000 and can’t climb back above it by the close, then my read on this move was wrong, and I’ll own that.