🚨 BTC HOLDERS! THIS IS NOT THE TIME TO CHASE LONGS.
I've been saying this for the past few days: Don't look for big long setups in this market.
At best, you might capture a small move for scalping, but chasing longs as a holder could be risky right now.
Here's what I'm watching:
74,000 is the critical zone for $BTC .
If Bitcoin breaks and give daily closing below this area, we could see a move towards 67,000.
Don't get trapped by temporary buying pressure. A small bounce here could attract buyers before a sharp sell-off.
My view:
- Scalpers can look for small opportunities with strict risk management.
- Holders should avoid rushing into long positions.
- Watch the 74,000 zone carefully.
Remember: Not every green candle is a bullish reversal.
What's your take? Is $BTC preparing for another bounce, or are we heading towards 67,000?
(DYOR)
#BTC #bitcoin #CryptoMarketMoves #trading
I've been saying this for the past few days: Don't look for big long setups in this market.
At best, you might capture a small move for scalping, but chasing longs as a holder could be risky right now.
Here's what I'm watching:
74,000 is the critical zone for $BTC .
If Bitcoin breaks and give daily closing below this area, we could see a move towards 67,000.
Don't get trapped by temporary buying pressure. A small bounce here could attract buyers before a sharp sell-off.
My view:
- Scalpers can look for small opportunities with strict risk management.
- Holders should avoid rushing into long positions.
- Watch the 74,000 zone carefully.
Remember: Not every green candle is a bullish reversal.
What's your take? Is $BTC preparing for another bounce, or are we heading towards 67,000?
(DYOR)
#BTC #bitcoin #CryptoMarketMoves #trading