Hello everyone,
đ Today morning, I shared information once, then I went offline because the market is sideways and there are no changes happening.
đ Please keep in mind that we are in the 50k zone, so a $500 rise or drop in BTC will result in a 1% change. BTC is in high volatility, so it can easily rise or drop by 1-2%. Some may think a $1000 price range is small, but I consider the percentage of changes. In the 20 or 30k zone, a 1% rise or drop in BTC results in losses of $200-300 if you have an open position with 1 BTC. However, if you have an open position with 1 BTC now, your loss or profit is higher.
đ For those who always open positions with a $100 margin with leverage x100, if BTC faces a 1% rise or drop, you will face a $100 profit or loss. Therefore, the selection of margin is crucial. Before opening any trades, think about it and calculate your risk.
đ Today, the BTC market seems likely to drop to 51900 and then rise to 52400. BTC ETF trading is not available today. Many traders depend on BTC ETF trading, so when it's not available, many take a rest or invest in altcoins.
đ As per the 15m chart, BTC is still maintaining a #bearishmomentum , and BTC has resistance at 52428. Today more times facing rejection on Resistance so #BTC falling is expecting. So everyone needs to wait for the drop or a change in bullish momentum. Always trade with enough funds and execute proper risk management. I always suggest keeping your liquidation price at the $4000 price range. If any changes occur, I will provide updates.
Note: If you don't feel good here, don't want to follow our analysis, and can't accept any losses, you can leave. Nobody is forced to stay here.
Thanks for your support and love â€ïž.
