$BTC hits $84K on 1W: DCA vs Trading Position đ
BTC just broke above the weekly resistance at $80.8kâ$82.2k to reach $84,184. The current weekly candle shows strong momentum, but how should you play it?
đč For Traders:
$87,374 is the current weekly high. Catching up here carries fakeout risks.
Wait for a solid weekly close above $82,300 or a retest of $81Kâ$82K support before taking leverage.
đč For DCA Holders:
Quietly in profit if you accumulated around $60Kâ$65K.
No need to stress over short-term price noise or weekly closing.
đĄ Takeaway: Use DCA to build a solid long-term base and Trading (20% capital) for short-term gains. Don't trade with a DCA mindset, and don't DCA with a leverage trader's FOMO.
#Bitcoin #Crypto #DCA
BTC just broke above the weekly resistance at $80.8kâ$82.2k to reach $84,184. The current weekly candle shows strong momentum, but how should you play it?
đč For Traders:
$87,374 is the current weekly high. Catching up here carries fakeout risks.
Wait for a solid weekly close above $82,300 or a retest of $81Kâ$82K support before taking leverage.
đč For DCA Holders:
Quietly in profit if you accumulated around $60Kâ$65K.
No need to stress over short-term price noise or weekly closing.
đĄ Takeaway: Use DCA to build a solid long-term base and Trading (20% capital) for short-term gains. Don't trade with a DCA mindset, and don't DCA with a leverage trader's FOMO.
#Bitcoin #Crypto #DCA
