📊 Bitcoin above $80,000: I took partial profits
After a sharp drop, Bitcoin recovered above $80,000. Possible reasons include short position liquidations, reduced political uncertainty after the U.S. elections, and a shift in market sentiment.
But a strong bounce doesn't necessarily mean the start of a sustained uptrend. The market remains volatile, and the possibility of another decline hasn't gone away.
🔹 My decision: partially close position $BTC without exiting the market completely.
📌 My Binance Spot trade details:
- Sold: 0.00011 BTC
- Average price: $80,626
- Received: 8.86886 USDT
- Fee: 0.00000924 $BNB
Now I have a small reserve of $USDT for potential purchases if prices drop, while most of my BTC remains in my portfolio.
My approach is not to guess every market move, but to manage risk, act in stages, and leave myself room to make further decisions.
⚠️ This is my personal experience, not financial advice. DYOR.
#bitcoin #BTC #Binance #DYOR #BTCRebounds80K
After a sharp drop, Bitcoin recovered above $80,000. Possible reasons include short position liquidations, reduced political uncertainty after the U.S. elections, and a shift in market sentiment.
But a strong bounce doesn't necessarily mean the start of a sustained uptrend. The market remains volatile, and the possibility of another decline hasn't gone away.
🔹 My decision: partially close position $BTC without exiting the market completely.
📌 My Binance Spot trade details:
- Sold: 0.00011 BTC
- Average price: $80,626
- Received: 8.86886 USDT
- Fee: 0.00000924 $BNB
Now I have a small reserve of $USDT for potential purchases if prices drop, while most of my BTC remains in my portfolio.
My approach is not to guess every market move, but to manage risk, act in stages, and leave myself room to make further decisions.
⚠️ This is my personal experience, not financial advice. DYOR.
#bitcoin #BTC #Binance #DYOR #BTCRebounds80K
