🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Recently, it's really been a tough time for the bearish traders, buddy. Bitcoin has plunged to 99800, and everyone is waiting to short at 100000. However, my advice is to not short immediately at 100000; it's better to enter short around 103000. If you really can't wait, you can enter in batches. Set the defensive position at 103000. For take profit, the first target is around 97500.
Last night's data suggested everyone focus on shorting, and in the end, there was a small profit. However, some buddies did not take profit completely, and I was the same, only taking profit partially. Today I have learned my lesson, so trading really requires avoiding greed. It is important to strictly follow your own trading system. Lastly, I wish the buddies who are stuck to be freed soon.