Let me analyse the BTC price without chart.
Imagine, you know, something gonna worth 100k in few months. Current price is 71k. Now if you get a chance to buy the same stuff at 60k, will you wait till it go 45k?
Nope.
Maximum you can wait till 55k. People will rush to buy at that low price.
So there is a low chance that BTC will touch 45k.
Do you think MS and BR, who bought BTC at price of 55k-65k on average, will be selling the coins at 45k? Answer is no!
Now if you are paying with features / leverage than off course you need to be concerning about this. If you think this can ruin your life, just close the trade. Sometimes, we have to take lose for better gains. I made a post that, most dumbest things one can say “You won’t lose anything, if you don’t sell.” In fact this was never meant for trading with leverage.
Yes, for long term holders or short term spot traders, it’s nothing. Short term holders know that if they hold, the price will go back to 70k. Maybe it can be quick or maybe it can take 2-3 months. For long term holders, they will hold the crypto for at-least 5 years any way. They know BTC is the next world currency as USD is dying.
