Bitcoin ($BTC) has been a challenging asset for those who entered short positions during this period. I’ve always believed that these traders might remain trapped until next year. However, recent market movements are beginning to align with the conditions needed for a potential breakout above $9,000. If the current trend continues without significant external changes, there might even be a chance for a short-term recovery below $8,500.
Ultimately, the choice of action is yours. Whether you decide to hold, cut losses, or wait for a better opportunity, remember that in volatile markets like this, unnecessary orders can sometimes do more harm than good. Staying cautious and patient can often be the best strategy. Good luck, and may your trades be profitable!