🚨 5 Reasons You Shouldn't Short BTC as It Approaches 100K 🚨
🌸 5 Reasons You Shouldn't Short BTC as It Approaches 100K 🍀
BTC is nearing the 100K mark – the previous peak established in November. Shorting BTC now is very risky. Here are 5 reasons:
1. Market Momentum is very strong
• BTC is in an uptrend with support from large capital flows and positive sentiment. • Shorting is "going against the trend," the most common mistake of investors.
• 100K is the previous peak, but that doesn't mean the price will immediately reverse sharply upon reaching this level.
3. FOMO from new investors
• When BTC reaches a historical milestone, the "Fear of Missing Out" (FOMO) mindset drives new capital into the market, pushing the price even higher. • Shorting goes against market sentiment – a dangerous move.
4. No clear reversal signals yet
• Currently, there are no strong technical indicators or macro signals suggesting BTC will immediately drop significantly upon hitting 100K. • Shorting without clear signals is just gambling, not a strategic trade.
5. Pressure from Whales
• Whales may exploit the shorting sentiment at this level to create squeezes (forcing prices up), forcing short positions to cut losses, thereby driving the price higher.
💡 Advice from NexGen AI Trader: Be patient. Shorting at the 100K price level is not a safe decision. Instead of trying to "guess the peak," focus on the trend and manage risk closely.
Always remember: The market rewards those who are patient, not those who are hasty. #BTC #CryptoTrading #NexGenTrader
NexGen AI Trader maintains the view: BTC will reach a new peak at 109K before a big short point appears – a significant opportunity for a market reversal. This means that the current price range is still on an upward trend, and any short moves at this time may carry high risks.
⛔ Reminder: Don't rush to short at this price point when market momentum remains strong and reversal signals are not clear. Pay close attention to key price levels, especially as BTC approaches the 109K mark.
🔍 What to do: • Be patient and wait for confirmation signals. • Focus on technical analysis and macro factors. • Tightly manage risk in every trading decision.
2024 is the year of strategic action – let's take advantage of great opportunities intelligently and safely with NexGen AI Trader! #BTC #CryptoInsights #NexGenTrader
2024 and the promise to create a communication channel that impacts the crypto market
For the past 6 years, I have only stood outside to research and observe. But in 2024, I choose to take action. This is not only the time for the crypto and blockchain market to explode, but also an opportunity for us – a leading financial media system with over 100 million views each month – to truly make an impact.
We join with the goal not just to report news but to shape and lead. Crypto in Vietnam is still controversial, lacking a legal framework, but we believe this is the time to drive change: from seemingly “marginal” products to becoming a part of the mainstream playground. Crypto in the world is still new, and we will make it familiar.
We expect to become a bridge between investors, businesses, exchanges, and regulatory agencies – promoting transparency, building trust, and elevating digital finance in Vietnam to a new level. This is not just a business opportunity, but our responsibility to ensure a sustainable and inclusive market.
2024 is a turning point. And we choose to step in to create. This is not a journey for outsiders. This is a time for those who are ready to change, lead, and together build the future of digital finance. Let’s join us to embrace this New Turn! #newturn #blockchain #crypto #2024withBinance
Tuesday has passed and my prediction of BTC hitting $109,000 did not happen. This is not easy to admit but the truth is that the market is always uncertain. I still want to make it clear that $109,000 will be the next high for BTC before the market gives us a big opportunity to short. My AI model has not changed, it is just that the timeline is being extended longer than measured.
How to recognize signals for a “big trend”?
The lesson I want to share today is how to recognize early signals of a big trend, helping you be more proactive in your trading decisions:
1. Volume Spike: Big trends often start with a sudden increase in trading volume. This usually happens after a long accumulation period, when the market is about to enter a breakout. 2. Breakout + Retest: A major trend will be accompanied by a break of important resistance/support levels. The market then retests this level as an opportunity to confirm the trend.
3. Momentum Indicators: Watch indicators such as RSI, MACD or Stochastic. For example, RSI breaking 70 or MACD making a strong positive crossover is a signal that the trend will continue.
4. Price Patterns: Price patterns such as Triangles, Flags or Cup and Handle are signs of a trend forming.
5. Market Sentiment: A major trend usually occurs when market sentiment shifts from bearish to bullish (or vice versa). News and moves from the whales are often strong catalysts. #BinanceSquare#BTC109k #CryptoInsight
What will you do when Bitcoin approaches 100,000 USD?
⏳ Do you believe that 100 USD can change your life? In 2013, Bitcoin was only worth 100 USD. Many people laughed: 'It's a scam!' But if you had the courage to buy 1 Bitcoin and hold tight, ignoring all the ridicule and the crazy market fluctuations, you would be a billionaire. • 2017: Bitcoin reached 20,000 USD, everyone said: 'Sell, you're rich!' If you sold, you wouldn't be rich. • 2018: BTC dropped to 3,000 USD, the market fell into panic. If you sold, you wouldn't be rich. • 2021: BTC surpassed 69,000 USD, a small investment became a large asset. If you sold, you would be relatively rich. • 2024 – Right now: Bitcoin is trading near 100,000 USD!
💡 So where are you in this picture? • Are you patiently holding your position or hesitating because you fear the price is too high? • BTC is near 100,000 USD, but do you think it will stop here? Or is this just the beginning for a bigger milestone?
Is it time for you to take profits and position for a big short at this point?
❓ A question for you: • If you missed opportunities in previous cycles, do you have the courage to take a short position this time? • Or will you just watch BTC without doing anything?
⛔ Warning: The market doesn't wait for anyone! Actions taken today will determine whether you are a winner or left out of the game. Whether you are long for the next 10 years or short with a big trade, what matters most is that you've taken action and patiently waited for it to bear fruit.
Share your perspective – what does a real investment journey need? 🚀 $BTC #getthemoney #rich
🔍 Highlighted news: Marathon Digital Holdings (MARA) has just purchased an additional 615 million USD in Bitcoin, bringing its total Bitcoin holdings to 34,794 BTC. This move reflects strong confidence from major institutions in the long-term potential of Bitcoin.
❓ Question for you: • Could this be a signal for individual investors to consider increasing their positions? • MARA is making a big bet on BTC – do you think this is a strategic move or a risk given the market's continued volatility?
Crowd Psychology in the Crypto Market – Are You Being Swept Along?
🌐 The crypto market is a big psychological game, where the crowd often decides the short-term direction of prices. But have you ever asked yourself: Am I investing based on logic or simply following the crowd?
1️⃣ FOMO Effect (Fear of Missing Out)
You see BTC or some altcoin skyrocketing, everyone keeps flaunting their profits, and you think: “I can't be left out!” ⛔ Common mistake: Investing when the price is at a peak or near a peak just because you're afraid of missing out.
💡 Lesson: Instead of rushing to buy, ask yourself: • Is this trend sustainable? • What do AI data or technical analysis indicate?
2️⃣ FUD Effect (Fear, Uncertainty, Doubt)
Negative news spreads quickly and can make you fearful and sell off at the bottom. The crowd often overreacts to events, leading to illogical decisions.
💡 Lesson: Don't let news guide you. Investigate the source of the information and analyze actual data before making a decision.
3️⃣ Short Squeeze Psychology – Reminder from Yesterday
Those who short BTC can be “trapped” by the crowd when the price suddenly spikes to liquidate short positions. 📈 Current AI prediction: BTC is still in a positive upward trend, don't rush to bet against the trend if you don't want to be punished by the market.
4️⃣ Master Your Personal Psychology
❗ The most important advice: Don’t be a “victim” of crowd psychology. Learn to: • Trust in your strategy and analysis. • Use AI or tools to assist in decision-making, rather than relying on emotions.
Yesterday, we emphasized: BTC is likely to continue its upward trend and warned about a short squeeze if shorts are at the 95k level. The recommendation was correct. Hope you followed the advice and are in a strong mindset to seize opportunities from the market.
💡 Today's knowledge: What is a Short Squeeze and why is it dangerous?
A short squeeze occurs when the price of an asset rises sharply, forcing short sellers to buy back to reduce losses, thereby pushing the price even higher. This often happens when: 1️⃣ The market has a strong upward momentum and low liquidity. 2️⃣ There are many accumulated short orders. 3️⃣ "Big players" take advantage to push prices up, triggering mass liquidation orders.
⚠️ Reminder: In a volatile market like crypto, do not "gamble" but let data and analysis support you. Patience and alertness are key.
📈 BTC is still maintaining a positive trend. Always consider your position carefully, and don't forget: Our AI is always here to help you analyze!
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Investment Psychology – The Secret to Success in the Crypto Market
💡 Investment Psychology: Secret Weapon or Double-Edged Sword?
In the volatile crypto market, price is not the only factor that determines win or loss. Psychology – how you control your emotions, fear, and greed – plays an extremely important role.
1️⃣ Don't Let FOMO Control You Remember: Not every opportunity is meant for you. If you enter a trade just out of fear of missing out, you may be putting yourself at unnecessary risk. AI can analyze data, but only you can control your own psychology.
2️⃣ Patience is Strength In the short term, the market can “punish” even the smartest investors. But in the long run, patience and discipline will help you reap the rewards.
3️⃣ Know When to Cut Losses – The Art of Accepting Mistakes Failure does not mean you lose, but stubbornness can. AI can provide signals, but the decision to cut losses or continue is yours. Don’t let ego overshadow logic.
4️⃣ Keep Learning The crypto market changes every day, and so does AI. Don’t stop at what you already know. Our channel will always update the latest information and AI tools to support you.
Data and AI can put you in a better position, but how you control your psychology ultimately decides whether you are a winner or a loser in the long run. Be a wise investor – knowledgeable in techniques and in control of your emotions.
Previously, I recommend you not to short BTC at the price of 95k, my data indicates a price of 109k before a big short point. Don't forget to add my ref. Thanks!
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The status of entering the crypto market of the channel will provide predictions & advice. NexGen AI Trader hopes it is accurate.
📈 BTC Prediction: According to analysis from the AI model, BTC continues to rise and has the potential to exceed 109K by next Tuesday.
💡 Advice: Avoid shorting at this time to avoid falling into a short squeeze trap – the market may push prices even higher to liquidate short positions.