Update $BTC
Bitcoin – Current Market Movement
Bitcoin is still in the redistribution phase, and it is expected to see a retest of the $92,000 area and at least $91,000 before any real drop.
The current drop is merely liquidity withdrawal and a test of traders' sentiments aimed at confusing them and driving them out of the market before the fundamental movement. The market wants to disrupt traders only
and hits the buyers.#BTC
and tempts the latecomers to make the wrong entry (selling)
The smart trader does not chase the price, but waits for clear areas and confirmations before making a decision.
The next phase is critical… patience and risk management are more important than any trade.
I do not recommend trading today as advice; it could drop suddenly from 86 to 84 thousand in just 10 minutes and perhaps to 80 thousand. Therefore, I advise you not to enter if it drops immediately as that is my initial target, and if it returns to test 91_93, it’s a strong selling opportunity 👌❤