BTC - it is bearish, but high-risk
Updated
Hello,
Last week, we opened a short position on the bearish trend and exited with a decent profit. Afterwards, we observed a rapid price growth in Bitcoin as it entered the support range and positive news emerged. However, it can still be said that the overall market trend remains bearish. Therefore, with some risk and careful capital management, we have entered a new selling position.
Wishing you profitable trades.
Last week, we opened a short position on the bearish trend and exited with a decent profit. Afterwards, we observed a rapid price growth in Bitcoin as it entered the support range and positive news emerged. However, it can still be said that the overall market trend remains bearish. Therefore, with some risk and careful capital management, we have entered a new selling position.
Wishing you profitable trades.
Note
Hello everyone, unfortunately, this analysis turned out to be unsuccessful. However, the market is always filled with profit opportunities, and it is important for us to learn from our failures in order to achieve success. Let us not forget that a good trader is not someone who never experiences losses, but rather someone who manages those losses effectively.
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