๐ #BTC Market Insights ๐
Right on cue, Bitcoin followed yesterday's projection, moving as anticipated.
The logic was straightforward: multiple dips from $43,500 created expectations for a similar trend, prompting a surge above $44,500 fueled by a surge in short positions.
Remember: Bitcoin often balances imbalances and repeats patterns. Understanding market behavior is key; liquidity-based moves differ between bull and bear markets.
I plan to secure 50% profits above $45,000, reinvesting during dips and considering trades in the $48,300-$50,000 range.
Staying bullish or sidelined during corrections, my aim is to educate and empower your trading decisions.
While I could engage in arbitrage, I opt for clarity to aid newcomers.
Understand movements first, then explore your strategy.
Keep risks minimal, prioritize proper risk management, and trade with confidence.
