Here's what happened when $BTC shrugged off last Sunday's close and started climbing.
A lot of traders are sitting there wondering if they sold too soon or if they should chase this 10% move after missing the entry. That FOMO versus regret cycle is what keeps most people from actually making money in these pumps.
$BTC has now touched $86k, marking more than a 10% gain from last Sunday. This looks a lot like the recoveries we saw after key weekly closes in previous bull runs.
Bitcoin would lead and assets like $ETH would follow with a delay. Back then those Sunday bounces often turned into multi-week trends, though this cycle $SOL has been more volatile in comparison.
The takeaway from this case is that ignoring those weekly levels can cost you the easy part of the move. Patterns like this have played out before, and they tend to reward those who stay patient rather than those who panic.
What's your take on whether this $BTC rally has more room?
#Bitcoin #Crypto #MarketCycle
A lot of traders are sitting there wondering if they sold too soon or if they should chase this 10% move after missing the entry. That FOMO versus regret cycle is what keeps most people from actually making money in these pumps.
$BTC has now touched $86k, marking more than a 10% gain from last Sunday. This looks a lot like the recoveries we saw after key weekly closes in previous bull runs.
Bitcoin would lead and assets like $ETH would follow with a delay. Back then those Sunday bounces often turned into multi-week trends, though this cycle $SOL has been more volatile in comparison.
The takeaway from this case is that ignoring those weekly levels can cost you the easy part of the move. Patterns like this have played out before, and they tend to reward those who stay patient rather than those who panic.
What's your take on whether this $BTC rally has more room?
#Bitcoin #Crypto #MarketCycle
