$BTC A crazy upward candle breaking through 79 thousand 🚀
Just hours ago, everyone was worried about the election and the Democrats taking control, and expected stocks and crypto to crash. The opposite happened: around $890 billion was added to the U.S. stock market at the open, despite concerns about a crackdown on AI and major tech companies.
The market is once again proving that those who sell out of fear often sell at the bottom.
I’m not chasing the rally right now after a candle this strong. I’ll wait to see whether it holds above 79 thousand or pulls back to retest before I consider entering.
For now, I’m selling and taking some profits from yesterday’s trades. Keep an eye out: $BTC is near a strong resistance zone.
⚠️ Remember, guys: the hype changes every day, and the market waits for no one. Don’t make decisions out of fear or excitement.
Just hours ago, everyone was worried about the election and the Democrats taking control, and expected stocks and crypto to crash. The opposite happened: around $890 billion was added to the U.S. stock market at the open, despite concerns about a crackdown on AI and major tech companies.
The market is once again proving that those who sell out of fear often sell at the bottom.
I’m not chasing the rally right now after a candle this strong. I’ll wait to see whether it holds above 79 thousand or pulls back to retest before I consider entering.
For now, I’m selling and taking some profits from yesterday’s trades. Keep an eye out: $BTC is near a strong resistance zone.
⚠️ Remember, guys: the hype changes every day, and the market waits for no one. Don’t make decisions out of fear or excitement.
