In investing, the crowd's psychology is often similar and tends to view together. That's why the crowd often loses or misses out on the same thing!

For example, in the early days of September yesterday, when #BTC red to 58k$ , everywhere on X or on any news site reading information about Crypto, people view collapse, every house views collapse... So almost everyone has the same trends like that? The general psychology of 4x or even 3x to catch the bottom...

When BTC is at the peak, when you only see bookmakers releasing a lot of good news about Crypto, you see everywhere drawing more and more, Altcoin still runs for a long time, so everyone often waits to close the price at a higher level and then when the market collapses quickly and can't escape, the Profit Zone is just a beautiful memory, just a number and has not been closed. When it decreases, it often decreases very quickly and a lot, like in mid-April when everyone was still excited about calculating profits and losses, btc Altcoin decreased by 30-50% in just 1-2 days, so it was often not possible to react in time. At that time, many people drew up stories about early btc uptrends.. And everyone waited for it to go up before closing. That is why a generation of current peak-chasing has been created...

It is very difficult to know whether it will go up or down now, looking at the candlestick frame, it will be biased towards BTC, not sure if the bookmaker will follow that? So instead of guessing, we wait and receive the upcoming price trend and then come up with the most reasonable plan.
#Bitcoin#BTC