everyone thinks $btc ripping to 87k means the bull is back but actually this looks like a hopium trap on geopolitics that could unwind fast.
ngl ser chasing these news pumps is how you get rekt. fomo buying the top and not knowing when to exit leaves you holding bags.
$btc tagged 87k today a level we havent seen since january. risk assets like $eth and $sol are catching a bid as markets price in hopes of middle east de-escalation plus a possible us-china trade truce extension.
this is a real case of hope juicing the tape. if those hopes dont deliver we could see a sharp pullback from here. these setups have a habit of trapping late buyers.
where do you think this goes from here?
#bitcoin #crypto #trading
ngl ser chasing these news pumps is how you get rekt. fomo buying the top and not knowing when to exit leaves you holding bags.
$btc tagged 87k today a level we havent seen since january. risk assets like $eth and $sol are catching a bid as markets price in hopes of middle east de-escalation plus a possible us-china trade truce extension.
this is a real case of hope juicing the tape. if those hopes dont deliver we could see a sharp pullback from here. these setups have a habit of trapping late buyers.
where do you think this goes from here?
#bitcoin #crypto #trading
