2 possibilities after the price breaks, the breakout trading theory I posted yesterday. This post I shared is for those who trade poorly and burn their account, cutting losses at the bottom and then angrily jumping back in (because they don't understand technical analysis, I feel sorry for them but whatever 🤣)

$BTC theoretically according to technical analysis, there is a high possibility of a retest of the old peak (black line), but there is also a chance to pull straight up from here (green line) so those who caught the bottom and took profits early will lose their positions, and those who cut losses at the bottom waiting for a correction can only watch the price move. I know there are quite a few people who cut losses to USDT during the months of August-September-October but don’t dare to speak out, even the KOLs, because many still have a view of 40k-30k-20k-15k 😂

Bitcoin has continuously broken its ATH 5 times this week, each time breaking ATH it slightly corrects sideways before breaking again, and those who short are continuously getting wrecked because they are trying to catch the top using mystical methods. The problem is that currently, many people are waiting for a price correction to enter, so it’s hard to say what scenario will happen.

The market has gone through a phase of being flooded with bad news, prices continuously dropping, and now it’s the opposite, good news will continuously come out and prices will rise just like when they were falling, even faster.
In summary, if it pulls up immediately, just hold on, it’s simple. If it corrects, I will look for a good entry to add more.

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