BTC Profit Potential in Bitcoin's Retracement PhaseHi All,
As shown in the chart, Bitcoin appears to be entering a retracement phase after a period of rest, and it’s now moving into a corrective wave and possibly ABC. 📉 Based on current movements, the best opportunity for a profitable trade in Bitcoin might be approaching. 💰 We can trade for short-term gains and hold the rest for potential longer-term profits, as I believe Bitcoin has good potential to move positively. 🚀
⚠️ Note: Just as sudden news in the Forex market can completely neutralize and disrupt the entire technical analysis system, Bitcoin can have a similar impact on the crypto market. 🔄 An unexpected move in Bitcoin can quickly change our analysis in a different direction.
Therefore, always be prepared for emotional and unforeseen events, and ensure to observe risk and capital management diligently. 💡
Feel free to share your ideas in the comments. 💬
Happy Investing All, ❤️
Armin
